Search results for Nebius
AI & Enterprise
Nvidia emerges as major investor in AI ecosystem, puts in $40 billion this year
Nvidia is sharply increasing investment across the AI infrastructure supply chain, CNBC reported. The company has already made investment commitments of more than $40 billion in 2026 and is expanding its portfolio to listed companies. This week, it secured rights to invest up to $2.1 billion in data centre operator IREN and up to $3.2 billion in fibre optics company Corning. CEO Jensen Huang said it is not picking winners and aims to broaden the ecosystem.
AI & Enterprise
Nebius to buy AI inference optimisation firm Eigen AI for $643 million
AI cloud platform company Nebius Group said on May 1 it will acquire AI inference and model optimisation company Eigen AI for about $643 million. The purchase price will be paid in cash and Class A shares. Eigen AI’s optimisation technology will be integrated into Nebius’ managed inference platform, Nebius Token Factory. The Eigen AI founding team is made up of alumni of MIT’s HAN Lab.
AI & Enterprise
Europe infrastructure race heats up as Nebius unveils hyperscale data centre plan
U.S. cloud company Nebius plans to build a new AI data centre in Lappeenranta, Finland, with capacity of up to 310 megawatts. The company said it would be among Europe’s largest once operational and expects to begin initial supply to customers from 2027. The announcement comes as AI infrastructure investment accelerates across Europe, while projects face challenges including higher energy prices than in the United States and difficulties connecting to power grids or securing alternative energy sources.