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 European AI infrastructure company formerly known as Yandex, has raised $700 million in financing to power its U.S. expansion.
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 the US.
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.
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, 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.
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.
AI Stock Nebius Group Jumps After Nvidia Joins $700 Million Investment
AI infrastructure player Nebius Group is raising $700 million through a private placement from a group of investors that includes Nvidia. Nebius stock jumped on the news. The Netherlands-based Nebius Group said in a news release that the funding will support additional capacity for its plan to offer cloud-based computing power for training and running AI models.
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,
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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 ...
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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Dutch Nebius obtaines $700 million for AI data center capacity
Nebius, formerly Yandex, recently managed to raise $700 million in an investment round. The European AI infrastructure ...
Investors ‘cannot afford to overlook’ Nebius Group, Citron Research says
Yandex, the Russian tech giant that was once often referred to as the “Google of Russia,” saw its stock was suspended in 2022 following ...