Nebius: Lots Of Upside Levers
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Nebius, formerly Yandex, has rebranded and is focusing on AI-centric cloud platforms. The company secured $700 million from Nvidia and Accel, ensuring funding for expansion and access to Nvidia chipsets. Nebius owns valuable assets with significant upside potential.
December 12, 2024 | 11:15 pm
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Nvidia has invested $700 million in Nebius, ensuring access to its chipsets and supporting Nebius's expansion in AI-centric cloud platforms.
Nvidia's investment in Nebius not only provides financial support but also ensures demand for Nvidia's chipsets, which is likely to positively impact Nvidia's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80