Nebius stock surges as Nvidia discloses 9.3% stake in neocloud

Nebius stock surged after Nvidia disclosed a 9.3% stake in the neocloud company, following a $2 billion investment announced in March.

Nebius stock surges as Nvidia discloses 9.3% stake in neocloud Source: CNBC Technology https://www.cnbc.com/technology/ Nvidia /glossary/nvidia said it would invest $2 billion into Nebius in March. Get AI news in your inbox Daily digest of what matters in AI. Get AI news in your inbox Daily digest of what matters in AI.