Nvidia invested in Nebius Group to collaborate on building an AI cloud for the agentic era.

The entities involved

• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
• Nebius Group →

  Netherlandese company developing a portfolio of AI-related technology assets

  • Nebius, headquartered in Amsterdam, has listed on the Nasdaq stock exchange and completed the acquisition of Eigen AI.Mon 03:45
  • Nvidia has strategic investments in Nebius Group, which is competing in the data center market against Oracle, alongside the presence of CoreWeave and OpenAI.Sun 12:36

Related events

• CoreWeave and Nebius Group are renting Nvidia-powered computing for AI, while Meta builds its own cloud business.Jul 25
• Nebius Group's shares soared following an analyst upgrade, driven by its use of Nvidia chips for AI compute.Thu 19:40
• Palantir named Nebius its preferred AI partner, while CoreWeave recently joined the NASDAQ 100.Sep 8
• Nebius Group, a carve-out of Yandex, is providing specialized infrastructure, including housing Nvidia's most powerful chips, for major tech companies.Jun 25
• Jensen Huang is leading NVIDIA's AI buildout, targeting NeoCloud operators like Nebius Group, while Austin Smith flagged a comparison made by a Goldman Sachs CEO.Aug 15