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NVIDIA is investing $2 billion in Nebius Group and establishing a strategic partnership to develop a next-generation hyperscale AI cloud in Amsterdam. The collaboration will focus on the entire AI technology stack, from design principles of AI factories to production software, aiming to rapidly scale Nebius' AI cloud platform.

By the end of 2030, Nebius is expected to deploy over 5 gigawatts of capacity, indicating significant data center and computing power ambitions. Following the announcement, NVIDIA's stock saw a slight increase, while Nebius is projected to open over 10% higher. This move positions Nebius as a key European player in large-scale AI infrastructure.