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Nvidia invests $2 billion in Nebius to build 5 gigawatts of AI data center capacity by 2030

Wednesday, March 11, 2026 at 12:04 PM

Nvidia is investing $2 billion in Nebius to form a strategic partnership focused on AI data center development. The collaboration aims to deploy over 5 gigawatts of Nvidia-powered infrastructure by 2030. Additionally, Nvidia has recently made significant investments in other cloud infrastructure providers including CoreWeave and Thinking Machines.

Context

On March 11, 2026, Nvidia announced a $2 billion strategic investment in Nebius Group (Nasdaq: NBIS) to accelerate the development of hyperscale AI cloud infrastructure. This partnership aims to deploy over 5 gigawatts of Nvidia accelerated computing systems by the end of 2030. The collaboration focuses on building "AI factories" optimized for the era of agentic AI, integrating Nvidia's latest Rubin platform, Vera CPUs, and BlueField storage systems directly into the Nebius full-stack cloud. This deal follows a surge in Nvidia's ecosystem investments, including major capital injections into CoreWeave, Thinking Machines, Lumentum, and Coherent. For Nebius—the Amsterdam-based successor to the international assets of the former Russian tech giant Yandex—the deal validates its pivot to a dedicated AI compute provider. Market reaction was immediate, with Nebius shares jumping 14% as the company prepares to scale its global platform through early access to Nvidia's next-generation hardware.

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