CoreWeave sold NVIDIA $2 billion of its shares at $87.20 each on Jan 23, 2026

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

CoreWeave said it sold 22,935,780 shares of its Class A common stock to NVIDIA on Jan 23, 2026, at $87.20 a share, for $2 billion in cash, in a private placement outside a public offering. In a joint press release dated Jan 26, 2026, NVIDIA and CoreWeave announced an expansion of their relationship to let CoreWeave accelerate its buildout of more than 5 gigawatts of what the companies call AI factories by 2030. The source is CoreWeave's 8-K, a US company's report of a material event, which gives Jan 23, 2026 as the date of its earliest event reported and furnishes that press release.1^,2^,3^,4