NBIS

Israeli Nebius raises $700 million from Nvidia for AI infrastructure

The Israeli technology company, operating in the field of AI infrastructure, received a massive strategic investment from Nvidia to accelerate development and global growth.

By the SpyStocks desk · 1y ago · 2 min read

Have you heard about the company operating in Israel that raised $700 million from Nvidia a few days ago?

($NBIS)

The technology company that is shaking up the AI world!

Good afternoon. Imagine a company that is redesigning the way artificial intelligence works, with super-infrastructures adapted to the heaviest loads of AI and machine learning...

Nebius is not just a technology provider; it is a pioneer in a world increasingly driven by advanced algorithms and massive data.

With operations based in Israel, Nebius has become one of the most interesting names in the stock market within a few months, thanks to groundbreaking innovation, massive strategic investments from a selection of leading investors like Nvidia, and ambitious plans for global expansion.

Nebius successfully raised approximately $700 million from Nvidia a few days ago for an exceptional collaboration! It embodies a promise to lead tomorrow's artificial intelligence infrastructure. We will elaborate:

Nebius raised $700 million as part of a strategic investment from Nvidia to accelerate the development of the company's AI infrastructure (including large-scale GPU clusters), cloud platforms, and development tools, designed to support Nvidia's AI initiatives worldwide.

This investment will also support the development of new data centers and services like Nebius AI Studio, which provide access to new AI models. With the new capital, the company plans to expand its global operations and establish advanced infrastructure in the US, including a GPU center expected to open in Kansas City in 2025.

Additionally, Nebius expects to reach annual revenues of between $750 million and $1 billion by the end of 2025!

This reflects the company's potential growth in the AI market.

The stock $NBIS is definitely being monitored!

Related Stories

IREN: options whales predicted the decline

Option WhalesIREN11h ago1 min read

Nvidia jumps: partnership with Amazon and cancellation of stock sale

BreakingNVDA1d ago1 min read

TTMI stock jumps 15%

PremiumBreakingTTMI2d ago1 min read