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Nvidia Invests $2 Billion in Nebius to Speed AI Data-Center Buildout

The investment gives Nebius early access to Nvidia’s next-generation Vera Rubin chips to accelerate expansion.

Overview

  • Nvidia said it will help Nebius bring more than 5 gigawatts of data-center capacity online by 2030.
  • Nebius added 170 megawatts of capacity in 2025 and targets 800 megawatts to 1 gigawatt of active capacity by the end of 2026.
  • The company plans to raise contracted power to 3 gigawatts by late 2026 to support new facilities.
  • Analysts project 2026 revenue of $3.35 billion, a 531% jump, and the new funding could help convert backlog into revenue faster.
  • Industry demand continues to exceed supply, with Goldman Sachs estimating a 10-gigawatt average shortfall over the next three years.