Related News

Fintech Revolut has finally acquired a full U.K. banking license after a years-long wait, unlocking its ability to offer a new range of products in the country, including lending. The

A trader on the floor of the New York Stock Exchange on April 10, 2025. NYSE Oracle shares rose 12% Wednesday after the company posted robust third-quarter earnings and assured

AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement

Pentagon memo orders removal of Anthropic AI technology from key national systems – CBS News Watch CBS News CBS News exclusively obtained a Pentagon memo from earlier this month that

The International Space Station (ISS) has shared a striking nighttime picture of India taken from orbit, offering a glowing view of the subcontinent illuminated by thousands of city lights as

In September 2023, a colossal landslide in Greenland’s Dickson Fjord triggered a megatsunami, causing the entire planet to vibrate every 90 seconds for nine days. An unprecedented seismic hum was

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Nebius stock pops 10% on Nvidia $2 billion investment announcement

Word Count: 220 | Estimated Reading Time: 2 minutes


Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images

Bloomberg | Bloomberg | Getty Images

Shares of Nebius Group popped 10% on Wednesday after Nvidia announced it will invest $2 billion in the artificial intelligence cloud company.

As part of the deal, the companies will collaborate on AI infrastructure deployment, fleet management, inference and AI factory design and support, according to a release.

“Nebius is building an AI cloud designed for the agentic era, fully integrated from silicon to software and powered by NVIDIA’s next-generation accelerated compute,” Nvidia CEO Jensen Huang said in a statement. “Together, we are scaling the cloud to meet the surging global demand for intelligence.”

The announcement comes a week after Nvidia unveiled strategic partnerships with Lumentum and Coherent, investing $2 billion in each company. Nvidia also announced a “significant investment” in Mira Murati’s Thinking Machines Lab on Tuesday as part of a new multiyear strategic partnership.

This is breaking news. Please refresh for updates.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



Source link

Most Popular Articles