Nebius has transformed from a fragment of Yandex into a significant…
Nebius has transformed from a fragment of Yandex into a significant player in the global AI infrastructure market over the past year: in March, it expanded its agreement with Meta to a contract worth up to $27 billion—$12 billion in dedicated computing power plus up to $15 billion for access to additional resources—and in autumn 2025 signed a five-year deal with Microsoft valued at up to $17 billion.
Consensus
- Nvidia disclosed a 9.3% ownership stake in Nebius Group via an SEC filing.
- The stake corresponds to approximately 22.25 million shares of Nebius Group N.V.
- Nvidia's investment was announced in March and amounted to $2 billion.
- Nebius Group is based in Amsterdam and operates as a 'neocloud' provider, offering AI computing infrastructure.
- The disclosure coincided with Nebius securing a $775 million secured loan to finance its capital expenditures.
- Nvidia's ownership includes both ordinary shares and warrants, with the latter not exercisable until September 11, 2026.
- Following the announcement, Nebius' stock price increased on European markets.
Points of divergence
- Nvidia is the world's largest public company by market capitalization at $4.99 trillion, with Apple second at $4.79 trillion. — kommersant
- On the premarket on Tuesday, Nebius shares rose about 6.4% to $194, and its market cap was approximately $46 billion as of early Tuesday morning. — thebell
Coverage (2 sources)
- Nvidia reports a 9.3% stake in Nebius Group — Коммерсантъ
- Nvidia Revealed 9.3% Stake in Nebius — The Bell
Key entities
- NVIDIA
- Nebius
- Arkady Volozh
- Securities and Exchange Commission
- USA (SEC)
- Nebius Group
- Amsterdam
- Yandex N.V.
- Nebius Group N.V.