Nebius Group (NBIS) has secured a significant $2 billion investment from NVIDIA (NVDA), announced on Tuesday. This deal is one of NVIDIA’s largest investments in the “neocloud” sector, aimed at scaling Nebius’s compute capacity to 5 gigawatts (GW) by the end of the decade. The investment will also facilitate international expansion, allowing Nebius to establish multiple AI factories globally.
In addition to creating infrastructure, the partnership will involve technical collaboration on AI factory design and the development of a cutting-edge AI stack. Recent agreements with other tech giants, including a $17.4 billion deal with Microsoft (MSFT) and a $3 billion deal with Meta Platforms (META), position Nebius as a potential leader in the AI sector, with expected revenue growth of 505% by 2026.
The market reacted positively to the NVDA deal, with Nebius shares jumping over 14% in early trading on Wednesday, indicating strong confidence in the company’s future within the rapidly evolving AI landscape.
