The stock of artificial intelligence (A.I). data centre operator Nebius (NASDAQ: $NBIS) is up 7% on news that chipmaker Nvidia (NASDAQ: $NVDA) has taken a 9.3% stake in the company.
Amsterdam-based Nebius is one of Europe's leading A.I. data centre operators and has inked multiple deals to provide U.S. technology giants with computing power.
Nvidia had previously invested $2 billion U.S. in Nebius. The two companies collaborate on A.I. infrastructure, fleet management, inference, and factory design.
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Amsterdam-based Nebius is one of Europe's leading A.I. data centre operators and has inked multiple deals to provide U.S. technology giants with computing power.
Nvidia had previously invested $2 billion U.S. in Nebius. The two companies collaborate on A.I. infrastructure, fleet management, inference, and factory design.
More From Cryptoprowl:
Hyperliquid HIP-3 Volume Nears 50% as Onchain Stock Trading Accelerates
#NVIDIA #data
4 months ago
