In a regulatory filing yesterday, Nvidia revealed it had nearly doubled its investment in CoreWeave to more than 47 million shares, in a stake valued at $4.6 billion as of Monday's close. That amounts to an 11.5% stake in the company and represents 90% of Nvidia's equity portfolio. On the heels of that revelation, Wall Street is weighing in.

Deutsche Bank upgraded CoreWeave (CRWV) to Buy from Hold due to a combination of its setup entering 2026 and Monday's announcement that Nvidia (NVDA) has invested $2B in the hyperscaler and expanded their collaboration to help CoreWeave accelerate the buildout of more than 5 gigawatts of AI factories by 2030.

The advent of AI has created an intriguing opportunity for neocloud operators. Nvidia nearly doubled its stake in CoreWeave and now owns 11.5% of the company. Nvidia's mentorship, along with CoreWeave's explosive growth and improving profit picture,

Nvidia is deepening its partnership with CoreWeave and making its biggest investment yet in the AI cloud company.