Nvidia to invest $2 billion in AI cloud firm Nebius

Core Insights - Nvidia announced a $2 billion investment in AI cloud company Nebius, expanding its portfolio in the AI sector [1] - Nebius plans to deploy over 5 gigawatts of data center capacity by the end of 2030, sufficient to power more than 4 million U.S. households [1] - Nvidia's CEO emphasized that the partnership aims to scale Nebius to meet the increasing global demand for AI solutions [1]

Nebius Group N.V.-Nvidia to invest $2 billion in AI cloud firm Nebius - Reportify