Nvidia is deepening its ties with CoreWeave, signing a landmark $6.3 billion deal that obligates the chipmaker to purchase any of the AI cloud provider’s unsold computing capacity. This guarantees revenue as it undertakes a multi-billion-dollar expansion to meet soaring AI demand. Nvidia’s $6.3 Billion Safety NetThe agreement, detailed in an SEC filing, serves as a powerful guarantee for CoreWeave’s investors and clients. It effectively creates a revenue floor, cushioning the company against potential lulls in demand for AI computing power. Its expansion is driven by massive client commitments, most notably a near-$16 billion deal with OpenAI for cloud services through 2029.