Nvidia invests $2 billion in AI cloud provider Nebius for hyperscale cloud development

Nvidia is investing $2 billion in AI cloud provider Nebius as part of a partnership to develop and deploy the next generation of hyperscale cloud for the AI market. Nebius aims to deploy over 5GW of capacity by the end of 2030 and has plans for new data centers in France, Alabama, and Missouri. This investment will support Nebius's early adoption of Nvidia's latest accelerated computing platform and collaboration on AI factory design.

Counterparts (2)

Investor

NVIDIA

company · 5 deals

NVIDIA is a technology company specializing in accelerated computing, particularly in AI and digital twins. Their technologies are used across various industries, including automotive, healthcare, and manufacturing, with a focus on enabling sustainable computing through energy-efficient solutions.

Partner

Nebius

company

Amsterdam-based AI cloud platform provider, spun off from Yandex in 2022. Offers GPU cloud and data platform services globally, operating its own data center infrastructure and employing 200-500 people.