Prime Highlights

• Nvidia announced a $2 billion investment in Nebius Group to strengthen AI cloud infrastructure and computing capacity.
• The partnership will focus on developing advanced AI systems, including large-scale AI data centers and next-generation computing platforms.

Key Facts

• Shares of Nebius Group jumped about 16% after the investment announcement.
• The company plans to deploy more than five gigawatts of AI computing capacity by 2030, including major AI data centers in the United States.

Background

Shares of Nebius Group rose sharply on Wednesday after chipmaker Nvidia announced a $2 billion investment in the artificial intelligence cloud company.

Nebius stock climbed about 16% following the announcement, reflecting strong investor interest in companies linked to the fast-growing AI infrastructure sector.

Under the agreement, Nvidia and Nebius will work together to develop advanced AI cloud systems. Their collaboration will focus on areas such as AI infrastructure deployment, computing fleet management, inference technology and the design of large-scale AI factories.

As part of the deal, Nebius will gain early access to Nvidia’s next generation of accelerated computing platforms. The company plans to use this technology to expand its AI cloud services and support large computing workloads required for modern artificial intelligence models.

Nvidia Chief Executive Officer Jensen Huang said the partnership will help expand global AI computing capacity. He noted that Nebius is building an AI-focused cloud platform designed to support the growing demand for intelligent systems.

Nebius CEO Arkady Volozh said the company has focused on artificial intelligence infrastructure since its early days. He added that the partnership with Nvidia will help extend its technology stack, from hardware to software, and support the development of large AI platforms for developers worldwide.

Nebius aims to deploy more than five gigawatts of AI computing capacity by the end of 2030. The company is also working on large AI data centers, often referred to as AI factories, particularly in the United States.

The investment forms part of Nvidia’s wider strategy to strengthen its position in the global AI ecosystem. The chipmaker recently announced several major investments in technology companies developing AI infrastructure and services.

Nvidia has become a key player in the AI boom because it produces graphics processing units, or GPUs, that power many advanced AI systems and data centers around the world.