NasdaqGS:NBISSoftware
Nebius Group (NasdaqGS:NBIS) Lands $2 Billion Nvidia Backing And A Meta AI Deal
Nvidia has committed $2b for a 9.3% stake in Nebius Group and entered a formal AI infrastructure partnership.
Meta has signed a long term agreement that could see up to $27b of AI capacity spending with Nebius.
These moves position Nebius as a key AI cloud platform within the Nvidia ecosystem.
Nebius Group, traded as NasdaqGS:NBIS, is moving into the spotlight as a dedicated AI cloud partner backed by Nvidia and Meta. The stock last closed at $187.77 and is up 5.7% over the past week,...