Nvidia to invest $2 billion in AI cloud firm Nebius

Nvidia to invest $2 billion in AI cloud firm Nebius

March 11 (Reuters) – Nvidia (NVDA) said on Wednesday it will ‌invest $2 billion in artificial ‌intelligence cloud company Nebius (NBIS), adding to ​the leading chipmaker’s growing list of investments in AI firms. U.S.-listed shares of Amsterdam-based Nebius jumped ‌nearly 10% ⁠in premarket trading. The companies said the cloud firm ⁠would deploy more than 5 …

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