(Reuters) – The operator of the Coreweave data center said on Monday that it had signed a new order with Nvidia with an initial value of $ 6.3 billion, in an agreement that guarantees that the manufacturer of Puces AI will buy any capacity of residual cloud not sold to customers.
Coreweave shares increased 6.9% at the start of negotiations after the news.
The last order, which obliges Nvidia to buy an invented capacity until April 13, 2032, is based on their existing partnership.
Coreweave operates AI data centers in the United States and Europe, offering access to NVIDIA GPUs, which are highly sought after for the training and management of large AI models.
Monday’s order was formalized under an April 2023 agreement, said Coreweave.
(Report by Harshita Mary Varghese in Bengaluru; edition by Sriraj Kalluvila)
