NVIDIA’s last 13F file reveals a new property position for the company.
Last year, the actions of a small artificial intelligence actions (AI) called Soundhound ai has witnessed an unprecedented increase. While Soundhound AI’s vocal reconnaissance technology is an exciting pocket in the AI field, the main contributor to the disproportionate price movement of the company was linked to a strategic investment by Nvidia.
Like financial institutions, companies are required to report their ownership positions in other companies through a 13F deposited. According to the most recent 13F of Nvidia, the company has left its position in Soundhound IA and has participated in a data center called Nebius group (Nbis -9.07%)).
If you are not familiar with Nebius, don’t worry. The company flies under the radar for a reason – but it may not last too long.
I’m going to explore how Nebius plays an essential role in the AI revolution and assess why business assessment seems reasonable at the moment.
How did Nebius and Nvidia have linked?
Nebius formerly belonged to a Russian Internet conglomerate called Yandex. However, after the invasion of Ukraine by Russia, the American and European Union (EU) brought sanctions to Russia, which led to intriguing commercial decisions.
Regarding Yandex, the company has transformed non -Russian subsidiaries – Nebius being one of them. Following this transaction, Nebius registered on the Nasdaq Composite As its own independent company and listed on the stock market.
Shortly after his beginnings on the NASDAQ, Nebius carried out a turnover in equity in which he raised $ 700 million. This is the round that Nvidia participated; Consequently, the participation of the company in Nebius has become public news, which should be reported in a 13F.
Image source: Getty Images.
How does Nebius work with Nvidia?
In September, Nebius announced that he is investing $ 1 billion for IA infrastructure in Finland and France. As part of the deployment, Nebius builds data centers equipped with clusters from graphic processing units of the hopper and Blackwell from Nvidia (GPU).
In addition to that, the company also extends its influence in the United States because it is launching a new data center in Kansas City, which will include more Blackwell GPU.
Since the company is starting to make a sensation here in the United States and its close ties with Nvidia, I would not be surprised to see Nebius become more integrated into others IA infrastructure projects – namely hyperscalers such as Microsoft,, AmazonAnd Alphabet.
Analysis of the Nebius assessment
According to the company’s press release for the profits of the fourth quarter, annual recurring income (ARR) should reach at least $ 220 million at the end of the first quarter (March) “on the basis of contracts already in place”. In addition, the CEO of Nebius, Arkady Volzh, told investors that the company’s December target of $ 750 million at $ 1 billion was “well at hand” – crediting the deployment of Blackwell and Expanding customers as the main catalysts.
Here is where things become a little interesting. In a recent article, my colleague contributor Fool.com Bram Berkowitz pointed out in a thoughtful way that Nebius could be considered a competitor Core. While Coreweave is still private, the company is supposed to be published in public to an evaluation of $ 35 billion – potentially this year. Assuming that the reports according to which Coreweave’s turnover in 2024 dollars is correct, this would imply a multiple price for sales (P / S) of 17.5.
If I apply the same ratio to Nebius, this could suggest an evaluation between $ 13.1 billion and $ 17.5 billion for the company – depending on where it landed on the Directives ROI. Given that the company currently has a market capitalization of $ 10.9 billion, I think it is reasonable to say that Nebius’ shares have an attractive advantage.
John Mackey, former CEO of Whole Foods Market, a subsidiary of Amazon, is a member of the board of directors of Motley Fool’s. Suzanne Frey, director of Alphabet, is a member of the board of directors of Motley Fool’s. Adam Spatacco has positions in Alphabet, Amazon, Microsoft and Nvidia. The Motley Fool has positions and recommends Alphabet, Amazon, Microsoft, Nebius Group and Nvidia. The Motley Fool recommends the following options: Long January 2026 Calls $ 395 on Microsoft and Court January 2026 405 $ calls Microsoft. The Word’s madman has a Disclosure policy.