Nebius Bets Big On AI Infrastructure Scale [Yahoo! Finance]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance
Nebius ( NASDAQ:NBIS is going bigger on AI infrastructure, planning a 310 megawatt data center in Finland that could rank among Europe's largest dedicated AI facilities. The new site in Lappeenranta is expected to start coming online in 2027 and builds on what the company has already been doing. Its Mantsala facility was recently expanded to 75 megawatt and is already running Nvidia's latest systems, with more advanced chips set to roll out later this year. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Is NVDA fairly valued? Test your thesis with our free DCF calculator. Zooming out, this is part of a much larger push. Nebius is targeting more than 3 gigawatts of contracted power by the end of 2026, along with plans for a major AI site in Missouri. It also has backing from Nvidia ( NASDAQ:NVDA ), which has committed $2 billion to support scaling AI infrastructure and systems over the next few years. The bigger idea here is pretty simple. In AI, access to power
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