Ed Ludlow

No hold music, just answers and action.

This is Bloomberg Tech coming up.

Nvidia invests an additional $2 billion in CoreWeave, expanding their partnership to accelerate the build-out of AI factories.

Plus, IonQ continues its acquisition spree as the quantum company buys chipmaker Skywater Technology in a cash-to-stock deal worth $1.8 billion.

And gearing up for big tech earnings, Meta, Microsoft, Tesla and Apple all set to report earnings throughout the week.

We have the preview.

And the markets are up ahead of those all-important earnings tests.

We want to see whether there's vindication, whether revenue and the profit lives up to some mighty valuations, particularly in the AI space.

But we're up for a full straight day on the Nasdaq 100, longest winning streak since back in December when we had a five-day run heading in to the Christmas period.

So there is optimism, but not if you look at the US dollar, not if you're seeing the search for safety in gold.

But we stick to our knitting here in tech.

And what have you got, Ed?

We've got a deal and it's for Nvidia to invest an additional $2 billion into CoreWeave.

They're going to buy CoreWeave's common stock at $87.20 a share.

There is a technology sharing part of this, but the bigger picture is to accelerate the build out of capacity.

Bloomberg last night speaking on the phone with the CEOs of both companies, Bloomberg's Ian King,

who conducted that conversation, joins us now on set.

I'm going to get to the circular financing bit first.

We asked him, is this circular financing, him being Jensen Wang, the CEO of NVIDIA.

His answer was pretty simple, that he's saying this is a very small proportion of what Corweave's going to need to raise on an ongoing basis to build out capacity.