Nvidia Invests $2 Billion in Neocloud Provider Nebius to Expand AI Data Center Infrastructure

Summary

Nvidia announced a $2 billion investment in Nebius, an AI cloud company categorized as a "neocloud" provider alongside CoreWeave. Nebius, which is an existing Nvidia customer, plans to deploy more than 5 gigawatts of data center capacity by the end of 2030. The investment adds to Nvidia's growing portfolio of stakes in AI infrastructure firms and data center operators. The deal highlights a continuing pattern in the AI ecosystem where Nvidia invests in companies that are also its customers, rai