【AI+NVDA】NVIDIA once again invests $2 billion through "circular investment," and Nebius deploys 5 GW of GPUs

NVIDIA (US: NVDA) has once again reached a “circular investment” agreement, investing $2 billion in cloud computing platform Nebius (US: NBIS). Nebius plans to deploy 5-gigawatt GPUs by the end of 2030. The two parties will jointly develop the next-generation large-scale cloud computing platform.

Nebius’s stock rose 16%, reaching $111.75; NVIDIA increased by 0.8%, currently at $186.13.

As part of the deal, both sides will collaborate on AI infrastructure deployment, cluster management, model inference, and AI factory design and support. This covers the complete technical chain from the underlying “AI factory architecture” to “production software,” aiming to accelerate the creation of an industry-leading full-stack AI cloud platform. Multiple gigawatt-level computing centers will also be deployed across the United States.

According to the cooperation agreement, the two sides will focus on four core areas:

• AI Factory Design and Support: Including obtaining design materials from partners, participating in design review processes and acceptance, early sample and system software support, launch support, and regular business and technical reviews with system partners.
• Inference Stack: Combining NVIDIA’s latest software technologies, optimized models, and libraries to create a top-tier inference and agent-based AI stack for developers and enterprises.
• AI Infrastructure Deployment: Leading the adoption of NVIDIA’s computing architecture (including NVIDIA Rubin platform, Vera CPUs, and NVIDIA BlueField storage systems) to deploy multiple generations of NVIDIA infrastructure on the Nebius platform.
• Cluster Management: Deploying NVIDIA’s latest GPU health monitoring software and recommendations to optimize the overall health of Nebius’s clusters.