Nvidia CEO Jensen Huang stated at an event in Stockholm that CoreWeave Inc., a data center operator whose computing power equipment is supplied by Nvidia, is continuously strengthening its financial position. He mentioned that CoreWeave's strength is improving every day, eliminating the need for Nvidia to provide a backstop, and that the company's capital costs are declining. Previously, the credit market had turned cooler towards CoreWeave, perceiving an increased risk of bankruptcy. Huang is now working to restore market confidence in the company.
