Nvidia Bets Big on AI Computing Power Leader Nebius

Nvidia has taken a significant stake in Nebius, owning over 22 million shares of the company, just shy of 10%.

This investment is paying off, with Nebius' stock up roughly 170% this year at the time of writing.

Nebius provides artificial intelligence (AI) computing power to its clients via the cloud, and has signed several AI hyperscalers to its services, including Microsoft and Meta Platforms.

The company's growth is expected to be incredible, with Wall Street estimating 450% revenue growth in Q2 and 238% revenue growth for 2027, which would bring the company's revenue total to about $11.5 billion.