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BUSINESS · JUN 29, 2026

Nvidia Corporation Invests in CoreWeave and Nokia to Scale AI

Nvidia Corporation expanded its strategic investments in CoreWeave, Inc. and Nokia Corporation to integrate advanced AI hardware into cloud infrastructure and 5G telecommunications equipment.

Nvidia Corporation expanded its strategic investment portfolio by taking stakes in CoreWeave, Inc. and Nokia Corporation to accelerate the deployment of global AI infrastructure. Through these partnerships, the company is integrating its advanced hardware and software across cloud and telecom sectors.

CoreWeave, Inc., a neocloud provider and the first to incorporate the Vera Rubin NVL72 platform, has secured a contract backlog exceeding $99 billion. While CoreWeave, Inc. saw 112% year-over-year revenue growth to $2.1 billion in the first quarter of 2026, it reported a net loss of $740 million and maintains debt approaching $25 billion.

In the telecommunications sector, Nvidia Corporation is embedding its ARC-Pro processors into Nokia Corporation's 5G equipment. This integration enables AI inferencing at cell towers via the CUDA software platform. Nokia Corporation is also combining its switching and optical technologies with Nvidia's AI platforms to upgrade data centers, shifting its focus beyond traditional telecom infrastructure.


Reported across 2 outlets
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Nvidia CorporationNokia Corporation

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