The Jen-Hsun and Lori Huang Foundation purchased $108.3 million in AI computing time from cloud provider CoreWeave. Regulatory filings disclosed the transaction. The foundation is donating this capacity to universities and non-profit institutes to advance scientific and artificial intelligence research.
The move strengthens the AI ecosystem surrounding Nvidia. Nvidia maintains a significant ownership stake in CoreWeave. Both companies share a multi-billion dollar cloud capacity agreement. This donation integrates the next generation of researchers into Nvidia’s hardware and software environment.