tech
March 11, 2026
Nebius stock pops 16% on Nvidia $2 billion investment announcement
The announcement comes a week after Nvidia unveiled partnerships with Lumentum and Coherent, investing $2 billion in each company.
TL;DR
- Nvidia is investing $2 billion in Nebius Group, an artificial intelligence cloud company.
- The partnership will involve collaboration on AI infrastructure deployment, fleet management, inference, and AI factory design.
- Nvidia will provide Nebius with early access to its accelerated computing platform.
- Nebius plans to deploy more than five gigawatts of capacity by the end of 2030.
- This investment follows Nvidia's recent similar investments in Lumentum, Coherent, Synopsys, CoreWeave, and Thinking Machines Lab.
- Nvidia is a key player in the AI boom due to its production of GPUs necessary for AI model training and large AI workloads.
- Nebius CEO Arkady Volozh stated the company was built for AI from the ground up.
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