Nvidia to invest $2 billion in neocloud Nebius amid AI data center push Nvidia announced a $2 billion investment in Nebius, an artificial intelligence cloud company, as part of its broader strategy to expand AI infrastructure and data center capabilities. The move adds to the chipmaker's existing investments in AI firms and highlights its growing role in shaping the AI ecosystem. Shares of Nebius, a U.S.-listed company based in Amsterdam, surged over 10% in premarket trading following the announcement. Nvidia, the world's most valuable company, has been actively investing in AI-related ventures and data center infrastructure, including partnerships with firms that are also its customers. This has raised questions about potential circular deals, where companies collaborate in ways that could blur the lines between competitors and partners. Nebius, which is already a customer of Nvidia, plans to deploy more than 5 gigawatts of data center capacity by the end of 2030. This amount of power is equivalent to the needs of over 4 million U.S. households. The partnership with Nvidia is expected to accelerate Nebius's expansion, as the company aims to scale its operations to meet rising global demand for AI-driven services. Nvidia's investment comes after the company previously committed to deploying at least 10 gigawatts of its systems for OpenAI and announced a $30 billion investment in the startup. Nebius is part of a growing group of "neocloud" firms that are gaining prominence by supplying AI infrastructure to major U.S. technology companies. These firms, including Coreweave, focus primarily on tech customers and offer specialized data center capacity tailored for AI applications.#microsoft #nvidia #jensen_huang #neocloud_nebius #meta_platforms
