Nvidia Invests $2B in Nebius, Backs Photonics Startup’s Laser-Chip Trials
Nvidia committed $2B to Nebius Group to support development of 5GW of AI data center capacity by 2030, driving Nebius shares up 12% intraday. The company also backed Scintil Photonics’ $58M funding round and sees photonic laser chips entering customer trials ahead of a broader co-packaged optics rollout.
1. Nvidia Nebius Investment
Nvidia has committed a $2 billion strategic investment in Nebius Group to help build out 5 gigawatts of data center capacity by 2030. Nebius stock surged 12% on the day of the announcement and is trading near its highest levels since securing a prior deal in November.
2. Scintil Photonics Testing
Scintil Photonics, following a $58 million funding round including Nvidia participation, has begun delivering indium phosphide laser chips to select customers for trial. The startup aims to produce hundreds of thousands of these integrated photonic chips per month by 2028 to meet AI data center demand.
3. Broader Photonics Investments Outlook
In addition to backing startups, Nvidia invested $2 billion each in Lumentum and Coherent to secure co-packaged optics components for next-generation AI servers. The company plans to outline its full optics roadmap at its upcoming developer conference in Silicon Valley.