According to documents dated May 14, the foundation established by NVIDIA CEO Jensen Huang and his wife, Lori, is purchasing computing resources worth $108.3 million from cloud computing company CoreWeave, to be donated to universities and non-profit organizations for scientific and AI research. NVIDIA also plans to provide free engineering services to some of the recipient institutions. Previously, NVIDIA had designed GPUs for CoreWeave and invested $2 billion in the company in January of this year, becoming its second-largest shareholder.
