Nvidia holds 9.3 percent stake in Nebius

Nvidia holds a 9.3 percent stake in Nebius, a Tel Aviv-based neocloud specialist. The company, which employs 17 people, focuses on software architecture designed to reduce GPU idle times and lower the costs per AI request.

As the AI industry shifts focus from raw computing capacity to operational efficiency and utilization, Nebius aims to integrate its technology into its Token Factory platform. The company's stock has seen significant growth, rising 193 percent since the beginning of the year.