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,
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.
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.
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.
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.
AI Stock Nebius Group Jumps After Nvidia Joins $700 Million Investment
Nebius stock jumped on the news that Nvidia had joined a $700 million private placement for the AI company. Warren Buffett Just Sent Out a Deafening Warning Signal to the Market. 3 Things Investors Should Do.
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.
techrights.org18h
2 Years Have Passed Since ChatGPT Vapourware and Bing Gained Nothing, Yandex is About to Overtake Microsoft in Search
THIS month's data from statCounter, an Irish company, shows that Russia's Yandex is nearly as big (internationally, not just BRICS) as Bing. A cause for concern at Microsoft? More so after it spent ...
Datacenter Dynamics5h
Nebius secures $700m equity funding
The company this week announced that it has entered into definitive agreements for a $700 million private placement financing ...
Interfax12h
Yandex buys Pruffme LLC platform; solutions utilized to create Yandex Concept online board service
MOSCOW. Dec 3 (Interfax) - Yandex has acquired Pruffme LLC, a technology platform that includes services to create online boards and organize webinars and video conferences, a Yandex representative ...
U.S. News & World Report25d
Russia's Yandex Plans to Invest in Indonesia's AI, Minister Says
Russia's Yandex Plans to Invest in Indonesia's AI, Minister Says JAKARTA (Reuters) - Russia's internet giant Yandex plans to invest in Indonesia's artificial intelligence (AI) ecosystem ...