Nvidia Invests $2 Billion in Nebius for AI Infrastructure

Nvidia Corp. announced a $2 billion investment in Amsterdam-based Nebius Group on Wednesday, forming a strategic partnership to accelerate the development of artificial intelligence data centers equipped with the chipmaker's technology. The deal sent Nebius shares surging 16 percent in trading, while Nvidia's stock rose modestly amid broader market fluctuations.

The investment aims to support Nebius's ambitious expansion, with the company planning to deploy more than 5 gigawatts of Nvidia-powered computing infrastructure by 2030. This capacity, equivalent to the energy needs of roughly 3.8 million homes, will focus on building AI factories optimized for inference tasks, where trained models process real-world applications. Nebius, which operates data centers in the United States, United Kingdom, France, Finland, and Iceland, intends to incorporate Nvidia's upcoming Rubin graphics processing units, Vera central processing units, and BlueField chip series. These components promise up to 10 times greater efficiency in performance per watt compared to prior generations, enabling faster and more cost-effective AI workloads.

As part of the agreement, Nvidia will provide technical...