Nvidia to invest $2 billion in neocloud Nebius amid AI data center push

Nvidia said on Wednesday it will invest $2 billion in artificial intelligence cloud company Nebius, adding to the leading chipmaker’s growing list of investments in AI firms and data center infrastructure.

U.S.-listed shares of Amsterdam-based Nebius jumped over 10% in premarket ‌trading.

The world’s ⁠most ⁠valuable firm is investing heavily in the AI ecosystem and expanding data center infrastructure, including significant investments in companies that are often its customers, raising concerns about circular deals.