According to a document, the foundation founded by Nvidia CEO Wong In-hoon and his wife Lori is purchasing computing resources from CoreWeave and donating them to universities and other non-profit organizations. The document shows that up to now, the value of this donation has reached US$108.3 million. These computing resources will be used for scientific and artificial intelligence research, according to a filing submitted on Tuesday. Nvidia said in the document that it plans to provide free engineering services to some of the grantees. This donation not only highlights Hwang In-hoon's generosity, but also another Nvidia initiative to support CoreWeave — a cloud computing company focused on artificial intelligence applications. Nvidia designed the graphics processing unit that CoreWeave provided to customers. In January of this year, Nvidia invested $2 billion in CoreWeave, becoming the company's second-largest shareholder at the time.

According to a document, the foundation founded by Nvidia CEO Wong In-hoon and his wife Lori is purchasing computing resources from CoreWeave and donating them to universities and other non-profit organizations. The document shows that up to now, the value of this donation has reached US$108.3 million. These computing resources will be used for scientific and artificial intelligence research, according to a filing submitted on Tuesday. Nvidia said in the document that it plans to provide free engineering services to some of the grantees. This donation not only highlights Hwang In-hoon's generosity, but also another Nvidia initiative to support CoreWeave — a cloud computing company focused on artificial intelligence applications. Nvidia designed the graphics processing unit that CoreWeave provided to customers. In January of this year, Nvidia invested $2 billion in CoreWeave, becoming the company's second-largest shareholder at the time.