Morgan Lewis Advises Nebius on Strategic Partnership with NVIDIA

LONDON, March 11, 2026: Morgan Lewis advised Nebius Group on its strategic partnership with NVIDIA to develop and deploy the next generation of hyperscale cloud for the AI market, from AI natives to enterprises.

NVIDIA has invested $2 billion in prefunded warrants to acquire Class A shares of Nebius, reflecting NVIDIA’s confidence in Nebius’s business and unique depth of engineering expertise across the full AI technology stack. To help meet rapidly growing global demand for high-performance compute, the partnership deepens Nebius and NVIDIA’s relationship across the full AI technology stack, from AI factory architecture to production software, enabling Nebius to accelerate the buildout of its industry-leading full-stack AI cloud platform.

This partnership builds upon Nebius’s ongoing deployment of NVIDIA infrastructure across its global platform, including multiple gigawatt-scale AI factories in the United States. To enable Nebius to deploy more than 5 gigawatts of capacity by the end of 2030, NVIDIA will support Nebius’s early adoption of the latest generation of NVIDIA’s accelerated computing platform.

The Morgan Lewis team advising on this transaction included partners Tim Corbett and Thurston Hamlette with associates Ben Davies, Charlotte Cavendish, and Oliver Bell.

More information can be found in Nebius’s press release.