On Wednesday (March 11) in U.S. stock trading, the artificial intelligence cloud company Nebius Group rose nearly 14% after Nvidia announced that it would invest US$2 billion in the company. Nvidia announced on its official website that the two companies have established a strategic partnership to jointly develop and deploy the next generation of ultra-large-scale cloud for the artificial intelligence (AI) market, with services covering native AI developers and enterprise users.
According to the press release, the two parties will cooperate in AI infrastructure deployment, computing cluster management, inference services, and AI factory design and support.
NVIDIA will invest $2 billion in Nebius and provide Nebius with priority access to its latest generation accelerated computing platform to enable Nebius to deploy more than 5 GW of capacity by the end of 2030.
"Artificial intelligence is at another turning point - the emergence of agent AI is driving staggering computing demands and accelerating infrastructure construction," Huang wrote in the statement.
"Nebius is building an AI cloud designed for the era of agents, fully integrated from chip to software, and powered by NVIDIA's next-generation accelerated computing technology. Together, we will expand the scale of the cloud to meet the world's growing demand for intelligence."
Wednesday’s investment announcement also builds on Nebius’ ongoing deployment of Nvidia infrastructure, including the construction of multiple gigawatt-scale AI factories in the United States.
Nebius CEO Arkady Volozh said: "Nebius has been born for AI from the beginning. It is not transformed from a general cloud service, but is specially designed for the actual needs of developers."
"Now with NVIDIA, we are extending this capability to the entire technology stack - from gigawatt-scale AI factories to inference and software layers, creating one of the world's earliest and largest AI cloud platforms."