European AI infrastructure company Nebius nabs $700M from Nvidia, Accel, others [TechCrunch]
Nebius Group N.V. - Class A Ordinary Shares (NBIS)
Company Research
Source: TechCrunch
The financing included “dozens of very well known investors,” according to Nebius CEO Arkady Volozh (pictured above) in a press briefing today. While all the names will eventually come out when the paperwork is filed with the Securities and Exchange Commission (SEC), the company is only revealing three for now — these are GPU giant Nvidia , one of the world's most valuable companies ; Accel, a Silicon Valley VC firm better known for its earlier-stage investments in private startups; and investment management firm Orbis The announcement comes some six weeks after Nebius resumed trading on the Nasdaq following a near three-year hiatus imposed due to sanctions against Russian-affiliated companies. The Netherlands-based business had been the holding company of Yandex, “the Google of Russia ,” and after an extensive divestment process the company emerged as Nebius in July , with plans to offer a “full stack” infrastructure for AI companies spanning data centers, GPU, and related service
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News
- European AI infrastructure company Nebius nabs $700M from Nvidia, Accel, others [Yahoo! Finance]Yahoo! Finance
- Nebius Announces Oversubscribed Strategic Equity Financing of USD 700 Million to Accelerate Roll-out of Full-stack AI InfrastructureBusiness Wire
- Nebius AI Studio: a high-performing Inference-as-a-Service platform recognized for cost efficiencyPR Newswire
- The curious case of Nebius, the publicly traded AI infrastructure 'startup' [Yahoo! Finance]Yahoo! Finance
- Nebius Expands in US With First GPU Cluster in Kansas City, Offices in San Francisco, Dallas and New YorkBusiness Wire