Nebius Lands $2B Nvidia Investment, Eyes 5GW AI Capacity Buildout
Nebius secured a $2B Nvidia investment to fund a hyperscale AI data center buildout and plans to deploy over 5GW of capacity by decade's end. It reported Q4 revenue of $227.7M, ended 2025 with $3.7B in cash, and forecasts 2026 revenue between $3.0B and $3.4B at ~40% EBITDA margins.
1. Nvidia Investment and Strategic Partnership
Nebius secured a $2 billion investment from Nvidia to support its full-stack AI cloud deployment, validating its ecosystem strategy and reducing funding risk for large-scale data center builds.
2. Q4 Financial Results and Robust Cash Reserves
The company reported Q4 revenue of $227.7 million, ending 2025 with a cash balance of $3.7 billion, highlighting strong liquidity ahead of major capex phases.
3. 2026 Outlook and AI Capacity Expansion
Nebius forecasts 2026 revenue of $3.0–$3.4 billion with approximately 40% adjusted EBITDA margins, has sold out capacity through Q1 2026, and aims to deploy over 5GW of AI compute by decade's end.