The companies will collaborate on AI infrastructure deployment as part of the deal.
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Shares of Nebius Group
popped 10% on Wednesday after Nvidia
announced it will invest $2 billion in the artificial intelligence cloud company.
As part of the deal, the companies will collaborate on AI infrastructure deployment, fleet management, inference and AI factory design and support, according to a release. Nvidia said the investment reflects its confidence in Nebius’ business and engineering expertise.
Nebius said it signed a multibillion-dollar agreement to provide Microsoft with artificial intelligence infrastructure.
The pact between Nebius and Microsoft suggests demand for the powerful infrastructure needed to train and run AI models remains…
The tech giant is planning capital expenditure of up to $135 billion related to AI this year.
Nebius pays $643M for Eigen AI, a 20-person MIT spinout that maximises tokens per GPU. In the neocloud race, inference…
Nvidia has also made $2 billion investments in CoreWeave, Nebius and Coherent in recent months.
Nvidia is pouring billions of dollars at a time into companies across the AI infrastructure stack, while also signing commercial…
