Nvidia CEO Jensen Huang said in Stockholm that data center operator CoreWeave’s financial position is improving and that the company is getting stronger every day. As a supplier of computing equipment to CoreWeave, Nvidia sees no need to provide it with financial guarantees. Huang noted that CoreWeave’s cost of capital is falling and said he is optimistic about the company. Previously, confidence in CoreWeave had weakened in credit markets, where investors saw its risk of default rising. Huang’s comments were intended to restore market confidence in the company. CoreWeave is seen as an important test case for the sustainability of the business models of emerging AI infrastructure companies.

$NVDA $COREWEAVE #AI infrastructure