Nebius Teams Up With NVIDIA To Fast-Track AI Startups Into Enterprise Adoption With VC-Backed Program

Nebius Group NV (NASDAQ: NBIS) has launched the Enterprise Readiness Initiative in collaboration with NVIDIA Corp (NASDAQ: NVDA) to assist AI startups in scaling their products for enterprise customers. The program, supported by venture capital firms like Insight Partners and Accel, will provide engineering expertise over a six-week period to optimize AI infrastructure performance. Additionally, Nebius has secured a contract with Meta Platforms Inc valued at up to $27 billion and is seeking to raise $3.75 billion in debt funding to support its growth. Following the announcement, Nebius shares fell 11.15% to $115.37.