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Nvidia CEO Jensen Huang's Foundation Donates $108 Million In CoreWeave AI Computing Power To Universities

Bezinga News May 14, 2026 · 4:15 am Read Original

Strong Bullish 100.0

−100 Bearish 0 +100 Bullish

Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang and his wife Lori's charitable foundation is channeling more than $108 million in CoreWeave Inc. (NASDAQ:CRWV) cloud computing resources to universities and nonprofit research institutions.
Nvidia Foundation Funds AI Research Through CoreWeave
The Jen-Hsun and Lori Huang Foundation has so far purchased approximately $108.3 million worth of computing capacity from CoreWeave, Reuters reported, citing a filing on Tuesday.
The computing capacity will be distributed to academic and nonprofit organizations focused on artificial intelligence and scientific research.
The filing said the donated computing power will help recipients advance research initiatives, while Nvidia may also provide free engineering services to select institutions.
According to the

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Source Bezinga News

Published May 14, 2026 · 4:15 am

Article ID 4rjmk3a

Original URL Open source

Strong Bullish 100.0

−100Neutral+100

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