NBIS rallies after Palantir selects Nebius as sovereign AI partner
Nebius Group’s (NBIS) shares rose in early Monday trade after Palantir (PLTR) named it its preferred ‘sovereign AI’ partner, backed by Nvidia (NVDA).
Nebius Group’s shares rose in early Monday trading and outperformed the broader market after Palantir said it had selected the Nvidia-backed company as its preferred sovereign AI partner. Under the agreement, Nebius’ AI computing infrastructure will run directly…