Nvidia's AI Stock Alternative: Nebius Offers Greater Returns with Impressive Growth

Nvidia's growth has become a benchmark for AI investments, but a lesser-known company, Nebius, may offer greater returns. Nvidia owns a 7.7% to 8.3% stake in Nebius, valued at $2.1 billion, and the two companies are partners in cloud computing. Nebius' revenue rose 547% YoY to $228 million in Q4, and it expects annual recurring revenue between $7 billion and $9 billion by the end of this year. Analysts project Nebius' revenue to nearly triple again next year.