Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes (Max A. Cherney/Reuters)

Techmeme ·

Jensen Huang's personal foundation disclosed a $108.3M purchase of AI compute time from CoreWeave, which it is distributing as donations to universities and nonprofits—a notable transaction for CoreWeave and a significant compute philanthropy play by NVIDIA's CEO.

Categories: Money & Moves

Excerpt

<a href="https://www.reuters.com/legal/transactional/nvidia-ceos-foundation-buys-108-million-ai-computing-coreweave-donates-it-2026-05-13/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260514/i7.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260514/p7#a260514p7" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Max A. Cherney / <a href="http://www.reuters.com/">Reuters</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/legal/transactional/nvidia-ceos-foundation-buys-108-million-ai-computing-coreweave-donates-it-2026-05-13/">Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes</a></b></span>&nbsp; &mdash;&nbsp; The foundation of Nvidia (NVDA.O) CEO Jensen Huang and his wife, Lori, is buying computing time from CoreWeave (CRWV.O) &hellip; </p>