Nvidia (NASDAQ: NVDA ) is investing $2 billion in artificial intelligence cloud company Nebius to develop a full-stack AI cloud platform for developers and enterprises. The partnership will support Nebius in deploying more than 5 gigawatts of Nvidia-powered capacity by the end of 2030, the companies said in a March 11 statement. “AI is at another inflection point — agentic AI, driving incredible compute demand and accelerating infrastructure buildout,” Nvidia CEO Jensen Huang said in the statement. Don’t Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time Where Chips Turn Into Control Nvidia and Nebius said in the March 11 statement that the partnership deepens ties across the full AI technology stack and will include … Full story available on Benzinga.com
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