Nebius Group’s Billion-Dollar AI Expansion in Europe

Nebius Group (NBIS) has released an update.

Nebius Group has announced an investment exceeding USD 1 billion to enhance its AI infrastructure across Europe, including a new state-of-the-art GPU cluster in Paris, which will feature NVIDIA H200 Tensor Core GPUs. The company’s expansion strategy involves building new data centers, increasing capacity at existing facilities, and launching pioneering GPU clusters. These efforts are aimed at solidifying Nebius’s position in the AI industry, providing advanced AI cloud services to a global clientele.

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