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Nvidia CEO Endorses CoreWeave and Nebius, Investing $2B Each

Nvidia’s chief executive Jensen Huang publicly backed two neocloud firms, CoreWeave and Nebius, at the Goldman Sachs conference, pledging $2 billion to each.

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Key points

  • CoreWeave Q2 revenue $2.58B, backlog $104B, debt $33.8B
  • Nebius Q2 revenue $582M, 50% EBITDA margin, 64% loss reduction
  • Nvidia committed $2B to each, aiming 5GW AI infrastructure by 2030

CoreWeave reported Q2 revenue of $2.58 billion, a 112 % jump, and a $104 billion backlog, but carried $33.8 billion in debt and a $626 million net loss. Nebius, meanwhile, saw revenue surge 454 % to $582 million, with a 50 % AI‑cloud EBITDA margin and a 64 % drop in its adjusted net loss.

Nvidia’s investment is part of a broader push to secure land, power and data‑center space for the AI‑infrastructure boom, with both companies targeting more than 5 GW AI factories by 2030.

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Full story from coincentral.com · by Trader Edge · via Search: NVIDIAOpen source ↗

Nvidia’s Jensen Huang Backs CoreWeave and Nebius as AI Data Center Race Heats Up

coincentral.com · 14 September 2026

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This text was published by coincentral.com and written by Trader Edge. It is reproduced here with attribution so you can read it in full; the rights remain with the publisher. Read it at the source ↗

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