Nvidia among investors in $700 mln capital raise by AI firm Nebius Group
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Nvidia is participating in a $700 million capital raise for AI infrastructure firm Nebius Group, alongside Accel and Orbis Investments.
December 02, 2024 | 12:30 pm
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Nvidia is investing in Nebius Group's $700 million capital raise, indicating its continued interest in AI infrastructure.
Nvidia's investment in Nebius Group suggests a strategic move to strengthen its position in the AI infrastructure sector. This could positively impact Nvidia's stock as it aligns with the company's growth strategy in AI.
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