Stock Track | Nebius Soars 9.69% as Nvidia Stake Bolsters AI Leadership

Stock Track

02-18

Shares of Nebius Group N.V. (NBIS) surged 9.69% in pre-market trading on Tuesday, fueled by the news that technology giant Nvidia has acquired a strategic stake in the European AI leader.

Nvidia's investment in Nebius highlights the chipmaker's confidence in the company's AI-centric cloud platform and infrastructure offerings. This partnership is expected to provide Nebius with early access to Nvidia's cutting-edge AI hardware, giving it a significant competitive edge in the rapidly growing AI Infrastructure-as-a-Service (IaaS) market.

Nebius's core asset is its vertically integrated AI cloud platform, designed for intensive AI workloads. Led by renowned tech visionary Arkady Volozh, who transformed Yandex into a successful ecosystem, Nebius leverages deep expertise in building comprehensive AI solutions. The company's cost-efficient infrastructure offers a significant strategic advantage, positioning it to capitalize on the booming demand for AI IaaS.

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(NBIS) surged 9.69% in pre-market trading on Tuesday, fueled by the news that technology giant Nvidia has acquired a strategic stake in the European AI leader.</p>\n<p>Nvidia's investment in Nebius highlights the chipmaker's confidence in the company's AI-centric cloud platform and infrastructure offerings. This partnership is expected to provide Nebius with early access to Nvidia's cutting-edge AI hardware, giving it a significant competitive edge in the rapidly growing AI Infrastructure-as-a-Service (IaaS) market.</p>\n<p>Nebius's core asset is its vertically integrated AI cloud platform, designed for intensive AI workloads. Led by renowned tech visionary Arkady Volozh, who transformed Yandex into a successful ecosystem, Nebius leverages deep expertise in building comprehensive AI solutions. 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