Nvidia invests ~$2B in Nebius via a pre-funded warrant for 21,065,936 shares; Nebius targets >5 GW of Nvidia systems by 2030

The parties

• NVIDIAcompany pageInvestor
• Nebiuscompany pageTook the investment

The source

Nebius 6-K, 2026-03-11Regulatory filing

Pre-funded Class A warrant, exercise price $0.0001; six-month lock-up. Partnership covers AI factory design, inference software, early Vera Rubin adoption and fleet management.

The same parties, other deals

• Nebius signs a $3.5B senior secured 364-day bridge facility with Citibank to finance GPU infrastructure buildout$3.5B · 22 Oct 2026
• Nebius acquires Inferize, an inference start-up, for its Token Factory platform; terms not disclosedundisclosed · 1 Oct 2026
• NVIDIA agrees to buy $1.0B of Nscale convertible notes or non-voting shares within a $3.1B minimum subscription$1B · 18 Sept 2026
• Crusoe holds the initial closing of an anticipated $3.9B Series F at a $30.9B post-money valuation$3.9B · 17 Sept 2026
• Nvidia gives SB Energy residual value guaranties, capped at $105B, on ~4.25 GW of Ohio data center leases to OpenAI$105B · 17 Aug 2026
• Nebius raises ~$775M senior secured debt backed by deployed GPUs and an investment-grade customer contract$775M · 17 Jul 2026