**NVIDIA Invests $2 Billion in Nebius Group for AI Cloud Development**
NVIDIA Corporation (NVDA) has announced a $2 billion investment in Nebius Group N.V. (NBIS) to enhance the development of hyperscale AI cloud infrastructure. This partnership is expected to scale Nebius’ AI computing capacity beyond 5 gigawatts by 2030, sending Nebius shares up 16% in response to the news. Nebius aims to tailor a full-stack AI cloud platform for high-performance computing, leveraging NVIDIA’s advanced GPUs and technology.
In addition to the financial backing, Nebius will gain access to NVIDIA’s hardware, software support, and design frameworks, allowing for optimized AI performance. The collaboration will also deploy multiple generations of NVIDIA hardware across Nebius’ platform, helping to improve availability and efficiency in its global AI network. Nebius shares have gained 38% over the last three months, while the broader Internet Software and Services industry experienced a decline of 7.5%.
