Huang Foundation Donates $108M CoreWeave Compute for AI Research
Earlier this year, Nvidia invested $2 billion in CoreWeave, becoming its second-largest shareholder at the time.
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[Image source: Chetan Jha/MITSMR Middle East]
Nvidia CEO Jensen Huang and his wife, Lori Huang, are funding AI computing resources for universities and nonprofit institutions through their foundation. According to Reuters, the initiative involves purchasing computing time from CoreWeave and directing those resources toward scientific research and artificial intelligence projects.
The chip giant also plans to provide engineering support to select grant recipients, the report said.
The Jen-Hsun and Lori Huang Foundation has, to date, purchased approximately $108.3 million worth of computing from CoreWeave.
The move is more than just a philanthropic one from the couple. It presents another strategic support from Nvidia to CoreWeave, a cloud computing company that offers Nvidia-designed graphics processing units, or GPUs, to its customers.
Earlier this year, Nvidia invested $2 billion in CoreWeave, becoming the second-largest shareholder at the time. In September 2025, the two signed an initial $6.3 billion order, which would guarantee Nvidia access to CoreWeave’s any-cloud capacity not sold to customers.
Earlier this month, CoreWeave reported its first-quarter revenue of $2.08 billion, surpassing market expectations of $1.97 billion. Its total revenue surged by about 112% year over year.
The donation comes as the chip giant faces growing scrutiny over its multibillion-dollar investments in AI firms, with some investors raising concerns about potential circular financing.
Nvidia has also announced a partnership with Ineffable Intelligence, an AI startup pursuing superintelligence. “The next frontier of AI is superlearners — systems that learn continuously from experience,” said Huang. It previously participated in the startup’s $1.1 billion seed round in April, led by Sequoia and Lightspeed.
After receiving short notice to join US President Donald Trump on a White House delegation to Beijing, Huang is currently striving for a breakthrough in the Chinese market—a market where Nvidia once held about 95% of the country’s advanced chip market.
