Nvidia Fuels Nebius AI Cloud with $2B

This partnership underscores Nvidia's confidence in Nebius's engineering prowess and aims to accelerate the development of large-scale AI computing capabilities. Under the agreement, Nebius will gain crucial early access to Nvidia's cutting-edge computing technologies, fostering collaboration on software and systems essential for managing extensive AI computing clusters. For Nebius, this capital injection is pivotal for expanding its global computing capacity.

A notable project includes the recently approved 1.2-gigawatt data center campus in Independence, Missouri, which is projected to generate approximately 1,200 construction jobs and 130 permanent positions, alongside over $650 million in tax payments over two decades. This investment aligns with Nvidia's broader strategy of fortifying the AI infrastructure supply chain, as evidenced by recent $2 billion investments in Lumentum and Coherent to advance optical technologies vital for AI data centers.

The deal positions both companies to capitalize on the surging demand for AI processing power and cloud services.