Nvidia announced a $2 billion investment in artificial intelligence cloud company Nebius, expanding the chipmaker's significant investments in the AI sector.
The investment will support Nebius in deploying over 5 gigawatts of data center capacity by the end of 2030, a scale equivalent to powering more than 4 million U.S. homes. Nvidia CEO Jensen Huang stated the partnership aims to scale Nebius's AI cloud to meet escalating global demand.