Nvidia to invest $2B in Amsterdam-based Nebius for AI data center expansion
The chip giant will partner with the startup to deploy over 5GW of Nvidia systems across AI data centers by 2030.
The chip giant will partner with the startup to deploy over 5GW of Nvidia systems across AI data centers by 2030.
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Nvidia Corp. announced plans to invest $2 billion in Amsterdam-based startup Nebius Group NV through a strategic partnership focused on AI infrastructure development. The deal positions Nebius to build and operate AI data centers equipped with Nvidia's computing systems. The investment represents one of Nvidia's largest direct startup investments as demand for AI computing infrastructure continues to surge.
The partnership comes as companies worldwide scramble to secure AI computing capacity amid explosive growth in artificial intelligence applications. Nebius, which emerged from Russian tech giant Yandex's international operations, has been positioning itself as a major AI infrastructure provider in Europe. The collaboration addresses critical supply chain and deployment challenges facing the AI industry.
Under the agreement, Nebius plans to deploy more than 5 gigawatts of Nvidia systems across its data center network by the end of 2030. This scale would make it one of the largest AI computing deployments globally. The 5GW target represents enough computing power to train multiple large language models simultaneously or serve thousands of AI applications.
The deal strengthens Nvidia's position in the rapidly expanding AI infrastructure market while providing Nebius with both capital and preferential access to Nvidia's in-demand chips. European companies and governments have increasingly sought to develop domestic AI capabilities, making this partnership strategically significant. The investment could accelerate AI adoption across European markets and reduce dependence on US-based cloud providers.