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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.
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