Key Highlights
- NVIDIA commits $2 billion to Nebius Group through private placement involving 21 million Class A shares
- Shares of Nebius climbed more than 10% during premarket hours following the announcement
- Strategic collaboration unveiled to build hyperscale AI cloud infrastructure together
- Target set for deploying over 5 gigawatts of NVIDIA-powered capacity 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 will pour $2 billion into the Amsterdam-headquartered AI cloud provider via a private placement consisting of pre-funded warrants for 21,065,936 Class A shares.
The transaction was structured as an exempt offering under United States securities regulations. NVIDIA faces a six-month restriction period preventing resale of the warrants and any shares acquired through them.
Shares of Nebius experienced a premarket surge exceeding 10% after the news broke. During regular trading hours, NBIS stock showed gains of approximately 1.57%.
The investment proceeds will fund Nebius’s efforts to expand its comprehensive AI cloud platform and construct new data center facilities from the ground up.
Beyond the financial investment, both organizations unveiled a strategic collaboration focused on co-developing cutting-edge hyperscale AI cloud infrastructure. This partnership encompasses AI factory architecture, inference and agentic AI technology stacks, multi-generation NVIDIA hardware rollouts, and advanced fleet management solutions.
Ambitious 5GW Deployment Goal
The strategic alliance establishes an aggressive milestone: Nebius intends to roll out more than 5 gigawatts of NVIDIA-powered infrastructure across global markets before 2030 concludes. This capacity matches the electrical requirements of over 4 million American homes.
Jensen Huang, NVIDIA’s Chief Executive Officer, remarked on the transaction: “Nebius is building an AI cloud designed for the agentic era,” while noting the partnership’s role in scaling Nebius to address rapidly growing worldwide demand.
Nebius belongs to an emerging category of “neocloud” providers, including companies like Coreweave, that have been securing significant AI infrastructure contracts. Unlike established hyperscale cloud providers, neocloud firms concentrate primarily on technology sector clients and deliver infrastructure optimized exclusively for artificial intelligence applications.
NVIDIA Expands Investment Strategy
This transaction represents another addition to NVIDIA’s growing portfolio of AI-focused investments and infrastructure commitments. Previously, the semiconductor manufacturer committed to deploying a minimum of 10 gigawatts of its hardware for OpenAI, followed by announcing a $30 billion investment in the AI startup.
This investment approach has attracted regulatory and industry attention. Given that numerous NVIDIA investment recipients also serve as major customers, market observers have questioned whether these arrangements create circular financial relationships.
Capital expenditures at Nebius have accelerated dramatically. The company disclosed $2.1 billion in capex during the December quarter, representing a substantial jump from the $416 million spent in the comparable period one year earlier.
The latest Wall Street analyst recommendation for NBIS rates the stock as a Buy with a price target of $130. Current market capitalization for the company stands near $24.27 billion.
NBIS stock maintains an average daily trading volume of roughly 12.5 million shares.
