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Nebius (NBIS.US) raised 0.7 billion US dollars, with support from nvidia to boost AI cloud computing.
Nebius will conduct a private placement of 33.3 million shares of stocks at a price of $21 per share to raise $0.7 billion. Investors such as nvidia and Accel Partners LP participated in this financing.
NVIDIA Among Investors Backing $700 Million in Financing for Nebius
Challenge nvidia (NVDA.US)! Bezos and Samsung are heavily investing in the new ai chip heavyweight, Tenstorrent.
Bezos has teamed up with Samsung to invest 0.7 billion dollars in Tenstorrent.
