Nvidia invests additional $2 billion in Nebius as part of strategic partnership with the neocloud company

Nvidia increased its stake in Nebius (a neocloud company providing AI-focused cloud computing) with a $2 billion stock purchase in March as part of a strategic partnership. As of December 31, 2025, Nvidia owned about 1.2 million Nebius shares worth around $232 million at the current stock price.

Under the partnership, Nebius receives early access to Nvidia's leading AI processor technology, allowing it to offer customers advanced AI servers. Nebius provides a full-stack solution with everything clients need to train and run artificial intelligence models.

Nebius had an annual run rate of $1.25 billion at the end of 2025, with management expecting that figure to grow to $7 billion to $9 billion by the end of 2026.