Artificial intelligence (AI) infrastructure is becoming one of the most lucrative battlegrounds in tech, and a new deal between NVIDIA Corporation (NVDA) and Nebius Group N.V. (NBIS) has suddenly pushed the smaller cloud player into the spotlight. NVIDIA recently announced a $2 billion investment in Nebius, deepening a strategic partnership aimed at building large-scale AI cloud infrastructure and data centers designed to power the next wave of AI applications.
The move instantly caught investors’ attention, sending Nebius Group shares sharply higher as the market interpreted the investment as a powerful vote of confidence from the world’s leading AI chipmaker. The partnership will give Nebius early access to Nvidia’s next-generation computing platforms and help the company deploy more than 5 gigawatts of AI computing capacity by 2030, positioning it as a key “neocloud” provider for AI startups and enterprise clients. Also, Nebius will adopt several Nvidia platforms, including Rubin, Vera CPUs, and BlueField storage systems.
