“Nvidia (NVDA.O), opens new tab said on Wednesday it will invest $2 billion in artificial intelligence cloud company Nebius (NBIS.O), opens new tab , adding to the leading chipmaker’s growing list of investments in AI firms and data center infrastructure. A filing with the U.S. Securities and Exchange Commission (SEC) showed that Nvidia has agreed to buy shares representing a stake of around 8.3% in Nebius at $94.94 per share. Shares in Nebius, based in Amsterdam but listed on Nasdaq, jumped 13.8% to $109.72 by 1623 GMT.” submitted by /u/talkingatoms
Originally posted by u/talkingatoms on r/ArtificialInteligence
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