Nvidia Invests $3.8 Billion in Nebius, Increasing Stake by 18-Fold
Nvidia (NASDAQ:NVDA) has invested nearly $4 billion to increase its stake in Nebius (NASDAQ:NBIS), a cloud infrastructure company, from approximately 0.5% to 9.3%. This move highlights Nvidia's continued expansion into AI-related sectors and underscores the growing importance of neocloud technology.
Topics: AI infrastructure cloud computing neoclouds Nvidia stock ownership