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Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchers
SAN FRANCISCO, May 13 (Reuters) - The foundation of Nvidia CEO Jensen Huang and his wife, Lori, is buying computing time from CoreWeave and donating it to universities and other nonprofit institutes, according to a filing that valued
Source excerpt retained from 2026-10-12.
Summary
The foundation of Nvidia CEO Jensen Huang and his wife, Lori, is buying computing time from CoreWeave and donating it to universities and other nonprofit institutes, according to a filing that valued the donation at $108.3 million so far. According to a filing on Tuesday, the computing resources will be used for science and artificial intelligence research. Nvidia plans to offer free engineering services to some of the grant recipients, it said in the filing.
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