The American corporation Nvidia, a leader in the production of chips for artificial intelligence, has announced an investment of $2 billion in the Dutch company Nebius Group NV. This company specializes in the creation and management of data centers designed for processing and training artificial intelligence models.
This is reported by Finway
Partnership for Scalable AI Infrastructure
According to Nebius, this investment will allow the Amsterdam-based company to deploy over 5 gigawatts of capacity based on Nvidia systems by 2030. This amount of electricity could power nearly 3.8 million households simultaneously. The deal is part of a strategic partnership aimed at jointly developing infrastructure for artificial intelligence, designing, building, and managing modern data centers.
The new partnership will expand the existing collaboration between Nebius and Nvidia. The companies plan to jointly design, build, and manage data centers for AI. According to Nebius, the partnership will enable the creation of infrastructure optimized for “inference” — the process of running and utilizing AI models and services after their training.
Market Dynamics and Nvidia’s Previous Investments
Following the announcement of the new deal, Nebius’s shares rose approximately 10% in pre-market trading in New York. Over the past year, the value of the company’s securities has tripled, indicating high demand for artificial intelligence infrastructure.
Nebius is one of the innovative companies that has managed to capitalize on the rapid development of AI by creating specialized data centers for training models and supporting services like ChatGPT. Nvidia is actively funding a new wave of cloud infrastructure operators, known as “hyperscalers,” who compete with major market players — Google and Amazon, which are also developing their own AI solutions.
It is worth noting that a significant portion of Nvidia’s investments is directed towards companies that are its clients. This strategy has sparked discussions among analysts: some believe that such “circular investments” could lead to market overheating.
In January, Nvidia made a similar investment of $2 billion in the American company CoreWeave Inc. Additionally, last month Nvidia invested $30 billion in OpenAI and participated in a $2 billion funding round for the British hyperscaler Nscale.
Nebius was previously a Dutch holding company of the Russian internet giant Yandex. In 2024, the company changed its name after selling Yandex’s Russian business to a group of investors from Russia for $5.2 billion. By the end of that year, Nebius raised $700 million in investments, including participation from Nvidia. According to corporate reporting, as of December 2024, Nvidia owned shares in Nebius worth approximately $33 million.