NVIDIA Corp. announced that it will invest $2 billion in Nebius Group NV to jointly develop and construct a new generation of artificial intelligence data centers. As the world's most valuable technology company by market capitalization, NVIDIA is continuing to provide financial support to key buyers of its chips. According to a statement released by Nebius on Wednesday, this investment will support the deployment of over 5 gigawatts of NVIDIA system-based computing capacity by 2030, an amount of electricity consumption equivalent to powering approximately 3.8 million households at any given time.
