Key Highlights
- NVIDIA commits $2 billion to Nebius Group through a private placement involving 21 million Class A shares
- Shares of Nebius rallied more than 10% during premarket hours following the announcement
- Both companies unveiled a strategic collaboration to build hyperscale AI cloud infrastructure
- Nebius targets deployment of over 5 gigawatts of NVIDIA-powered infrastructure worldwide before 2031
- Capital expenditures at Nebius reached $2.1 billion in Q4 2025, a significant increase from $416 million year-over-year
On March 11, 2026, Nebius Group and NVIDIA revealed that the chip giant would inject $2 billion into the Amsterdam-headquartered AI cloud provider via a private placement involving pre-funded warrants for 21,065,936 Class A shares.
The transaction was structured to comply with exemptions under U.S. securities regulations. NVIDIA faces a six-month restriction period before it can resell the warrants or any shares acquired through them.
Shares of Nebius experienced a surge exceeding 10% in early premarket activity after the news broke. As of current trading, NBIS has gained approximately 1.57% for the session.
The infusion of capital will support Nebius in advancing its comprehensive AI cloud platform and constructing new data center facilities from the ground up.
Complementing the financial investment, both organizations unveiled a strategic alliance focused on co-creating cutting-edge hyperscale AI cloud infrastructure. The cooperative effort encompasses AI factory architecture, inference systems, agentic AI development, multi-generational NVIDIA hardware integration, and advanced fleet management solutions.
Ambitious 5GW Deployment Goal
The collaboration establishes an aggressive milestone: Nebius intends to roll out more than 5 gigawatts of NVIDIA-powered infrastructure across the globe before 2030 concludes. This capacity would be sufficient to power upwards of 4 million American homes.
Speaking about the agreement, NVIDIA CEO Jensen Huang stated: “Nebius is building an AI cloud designed for the agentic era,” and emphasized that this partnership would enable Nebius to expand operations to accommodate rising worldwide demand.
Nebius belongs to an emerging category of “neocloud” providers, including Coreweave, which have been securing substantial AI infrastructure contracts. These neoclouds differentiate themselves from conventional hyperscalers by concentrating on technology sector clients and providing infrastructure optimized specifically for artificial intelligence applications.
NVIDIA’s Expanding Investment Strategy
This transaction represents another addition to NVIDIA’s growing portfolio of investments in AI-focused companies and infrastructure projects. In the previous year, the semiconductor manufacturer committed to providing at least 10 gigawatts of its systems to OpenAI, subsequently announcing a $30 billion investment in that organization.
This investment approach has attracted attention from industry observers. Given that numerous NVIDIA investment recipients also purchase its products, market analysts have questioned whether these deals create circular revenue flows.
Capital expenditure at Nebius has accelerated rapidly. The organization disclosed $2.1 billion in capex during the December quarter, representing a substantial jump from the $416 million spent in the corresponding period one year earlier.
The latest analyst recommendation for NBIS is a Buy rating accompanied by a $130 price target. The company’s current market capitalization is approximately $24.27 billion.
NBIS records an average daily trading volume of roughly 12.5 million shares.
