Former Yandex AI group raises $700mn from investors including Nvidia
Nebius, the artificial intelligence infrastructure group that was formed from Yandex’s operations outside Russia earlier this year, has raised $700mn from investors including chipmaker Nvidia to capitalise on exploding demand for AI data centres.
Nvidia Invests in Nebius Group’s $700 Million AI Infrastructure Drive
AI infrastructure firm Nebius Group has secured $700 million in a private funding round led by investors such as Nvidia, Accel, and Orbis Investments. The financing marks a critical milestone for the company,
European AI infra company Nebius nabs $700M from Nvidia, Accel, others
Nebius, the publicly traded European AI infrastructure company formerly known as Yandex N.V., has raised $700 million to fuel its U.S. expansion. The financing came from "dozens of very well-known investors,
The curious case of Nebius, the publicly traded AI infrastructure ‘startup’
Nebius is an unusual beast -- it's a public company, sure, but a startup in just about every sense of the word.
Nvidia Drives $700 Million Investment in Nebius to Build AI Superpower in the US
AI infrastructure firm Nebius Group has secured $700 million in funding, led by Nvidia, to expand U.S. operations and accelerate GPU cluster development. The firm projects up to $1 billion in revenue by 2025,
Nvidia among investors in $700 million capital raise by AI firm Nebius Group
Nebius Group is raising $700 million in a private placement from investors, including Nvidia, to build the infrastructure underpinning AI.
Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal
Nebius — the rebranded European arm of “Russia’s Google,” Yandex — is riding the AI hype wave to build technology for technologists.
AI infrastructure company Nebius secures $700m investment
The funding is expected to aid Nebius in expanding the clusters of GPUs, cloud platforms and other tools for AI developers.
Nvidia among investors in $700 mln capital raise by AI firm Nebius Group
AI infrastructure firm Nebius Group on Monday said it was raising $700 million in a private placement from investors including Nvidia , Accel and some accounts managed by Orbis Investments.
Nebius Group Shares Rise 16% on $700M Private Placement Involving Nvidia
Nebius Group shares rose following an agreement for a $700 million private placement financing from select investors that included chip maker Nvidia. Shares were trading up 16% to $25.72. The stock is up 36% on the year.
Nvidia Joins $700 Million Nebius Deal For AI Cloud Services
Nebius Group NV, the technology company rebranded from Russian internet giant Yandex, has raised $700 million from a slate of investors including Nvidia Corp. and Accel Partners LP.
The Prompt: Elon Musk Wants To Stop OpenAI From Becoming A For-Profit ‘Frankenstein’
ChatGPT maker OpenAI is mulling over plans to introduce advertising into its AI products, CFO Sarah Friar told the Financial ...
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Nebius secures $700m equity funding
The company this week announced that it has entered into definitive agreements for a $700 million private placement financing ...
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AI firm Nebius nabs $700m in financing to assist US expansion
The AI infrastructure start-up Nebius has managed to secure $700m in financing, which will assist its expansion throughout ...