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

Digest AI · Business & Funding · published 2026-09-11T17:04:52Z · updated 2026-09-16T15:30:00Z

Canonical: https://digestai.news/story/nvidia-s-off-balance-sheet-ai-guarantees-surge-to-530b-dwarfing-on-book-debt

## Summary

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

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.

## 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

## Why it matters

The move signals Nvidia’s focus on physical infrastructure as the next AI bottleneck, driving rapid growth in the neocloud market and reshaping data‑center economics.

## Sources

1. [Nvidia’s Jensen Huang Backs CoreWeave and Nebius as AI Data Center Race Heats Up](https://coincentral.com/nvidias-jensen-huang-backs-coreweave-and-nebius-as-ai-data-center-race-heats-up) (coincentral.com, 2026-09-14)
2. [Chamath Called Nvidia the ‘Bank of AI’—and Jensen Huang Just Proved It](https://finance.yahoo.com/technology/ai/articles/chamath-called-nvidia-bank-ai-023007019.html) (finance.yahoo.com, 2026-09-16)
3. [Nvidia CEO Jensen Huang positions himself as AI’s top venture capitalist](https://cryptobriefing.com/nvidia-huang-ai-venture-capital) (cryptobriefing.com, 2026-09-16)
4. [Nvidia eyes $10B investment in Anthropic to boost AI infrastructure demand](https://cryptobriefing.com/nvidia-eyes-10b-investment-in-anthropic-to-boost-ai-infrastructure-demand) (cryptobriefing.com, 2026-09-15)
5. [Nvidia’s Anthropic Investment: Securing AI Demand Amid Rising Competition](https://finance.yahoo.com/technology/ai/articles/nvidia-anthropic-investment-securing-ai-142836122.html) (finance.yahoo.com, 2026-09-15)
6. [What Will $5,000 Invested in Nvidia Stock Be Worth in 5 Years?](https://247wallst.com/investing/2026/09/15/what-will-5000-invested-in-nvidia-stock-be-worth-in-5-years) (247wallst.com, 2026-09-15)
7. [Prediction: Nvidia's $108 Billion Q3 Guide Will Look Conservative by December](https://fool.com/investing/2026/09/15/prediction-nvidias-108-billion-q3-guide-will-look) (fool.com, 2026-09-14)
8. [Why I’m Doubling Down on Nvidia Stock Hand Over Fist](https://247wallst.com/investing/2026/09/15/why-im-doubling-down-on-nvidia-stock-hand-over-fist) (247wallst.com, 2026-09-14)
9. [There Is No Off Switch for AI Capability Growth. Here Is Who Benefits Most From That.](https://247wallst.com/investing/2026/09/14/there-is-no-off-switch-for-ai-capability-growth-here-is-who-benefits-most-from-that) (247wallst.com, 2026-09-14)
10. [Nvidia (NVDA) CEO Jensen Huang Spotlights CoreWeave and Nebius in AI Infrastructure Boom](https://blockonomi.com/nvidia-nvda-ceo-jensen-huang-spotlights-coreweave-and-nebius-in-ai-infrastructure-boom) (blockonomi.com, 2026-09-14)
11. [Central Bank of AI: Analyst Says NVIDIA Could Sit on $1.4 Trillion](https://247wallst.com/investing/2026/09/13/central-bank-of-ai-analyst-says-nvidia-could-sit-on-1-4-trillion-dwarfing-hyperscalers-and-wall-street) (247wallst.com, 2026-09-13)
12. [Nvidia Is Focused on Redefining AI Infrastructure as an Income-Generating Asset](https://finance.yahoo.com/technology/ai/articles/nvidia-focused-redefining-ai-infrastructure-153002085.html) (finance.yahoo.com, 2026-09-13)
13. [Nvidia takes new role as AI’s $5T bill comes due](https://cryptobriefing.com/nvidia-ai-infrastructure-financing-5-trillion) (cryptobriefing.com, 2026-09-12)
14. [Nvidia’s Backstop Universe – Heads I Win, Tails Who Loses?](https://newsletter.semianalysis.com/p/nvidias-backstop-universe-heads-i) (SemiAnalysis, 2026-09-11)

Part of the developing story: [The Race for Cheaper AI Inference Hardware](https://digestai.news/thread/3-8b-llm-trained-to-0-384-core-score-for-under-1-000-using-consumer-gpus) (8 stories)

## Cite

Digest AI, "Nvidia CEO Endorses CoreWeave and Nebius, Investing $2B Each", 11 September 2026, https://digestai.news/story/nvidia-s-off-balance-sheet-ai-guarantees-surge-to-530b-dwarfing-on-book-debt

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