NVIDIA Invests $2 Billion in Nebius to Scale 5-Gigawatt AI Cloud Infrastructure

NVIDIA Corp. is investing $2 billion in Amsterdam-based AI cloud provider Nebius (NASDAQ: NBIS) Group as the chipmaker deepens its role in building the infrastructure behind a new wave of artificial intelligence services.

The investment, announced Wednesday, forms part of a strategic partnership aimed at expanding Nebius’s hyperscale AI cloud platform and accelerating the deployment of high-performance computing infrastructure built around NVIDIA hardware.

The deal underscores the rapidly growing demand for specialized AI data centers as companies race to deploy systems capable of running advanced models and emerging “agentic AI” applications — software agents that can perform tasks autonomously.

Under the partnership, Nebius will expand its use of NVIDIA’s computing technologies across its global infrastructure, including early adoption of several upcoming platforms such as the Rubin GPU architecture, Vera CPUs and BlueField storage systems. NVIDIA will also collaborate with Nebius on data-center design, software integration and fleet-level GPU management.

Nebius said the partnership will support its plans to deploy more than 5 gigawatts of AI infrastructure capacity by 2030, including multiple gigawatt-scale “AI factory” campuses in the United States.

“AI is at another inflection point — agentic AI, driving incredible compute demand and accelerating infrastructure buildout,” NVIDIA Chief Executive Jensen Huang said in a statement.

The companies said they will also work together on software and inference tools intended to optimize AI models for enterprise developers and cloud customers.

Nebius, led by former Yandex co-founder Arkady Volozh, has been positioning itself as a cloud platform built specifically for AI workloads rather than traditional enterprise computing. The company operates GPU-based infrastructure and AI development tools aimed at startups, research groups and large enterprises training or deploying machine-learning models.

The investment adds to NVIDIA’s growing role not only as a supplier of AI chips but also as a strategic partner to emerging AI cloud providers building infrastructure around its hardware. Demand for NVIDIA’s accelerated computing platforms has surged as companies compete to build data centers capable of training and running large-scale AI systems.

For Nebius, the funding provides additional capital and access to NVIDIA’s latest hardware roadmap as it seeks to scale its infrastructure to compete with established cloud providers and newer AI-focused platforms.

The companies did not disclose the structure of NVIDIA’s investment or whether it would include equity or other financing arrangements.