NEW YORK, February 10, 2026, 14:49 EST — Regular session
- Shares of NBIS climbed roughly 1% following Nebius’ deal to acquire AI agent search provider Tavily.
- The filing indicates a cash component paid upfront, along with a performance-based earn-out. No price was revealed.
- Investors now turn to the February 12 results, looking for clues on both demand and spending.
Nebius Group N.V. edged up nearly 1% Tuesday, following news that the Nasdaq-listed AI cloud player will buy Tavily, a firm specializing in real-time search tools for AI agents. NBIS last traded at $93.80, up 0.99% in the afternoon.
Nebius put out the announcement just 48 hours ahead of its fourth-quarter and full-year earnings, throwing another piece of the puzzle to traders watching its efforts to expand the software stack. Results hit before the U.S. market bell on Thursday. 1
Tavily pitches its “agentic search” software as a way for automated AI agents to grab fresh data from the web as they work, sidestepping reliance on stale training sets. The distinction is getting more important, especially with companies pushing to make AI agents part of everyday operations, not just flashy demos.
Tavily’s search layer is set to connect directly with Nebius’s Token Factory, the company said, aiming to streamline how clients deploy AI models and cut down reliance on outside vendors. “This acquisition brings the search layer directly into our stack,” said Roman Chernin, co-founder and Chief Business Officer. 2
Rotem Weiss, founder and CEO of Tavily, described the company as being “on a mission to onboard the next billion AI agents to the web.” According to Nebius, Tavily’s software-development-kit has topped 3 million downloads each month, with IBM, Cohere, and Groq listed as clients. 3
Nebius disclosed in a U.S. securities filing that the upfront payment comes in cash, while extra payouts depend on hitting certain performance goals over a set timeframe. Those earn-out payments could be made in cash, Class A shares, or a mix of both, according to the company. No shareholder vote is needed for the deal. 4
Nebius kept the purchase price under wraps. Bloomberg, referencing a source with knowledge of the deal, put Tavily’s potential valuation near $275 million. 5
After a 7.9% surge on Monday, the stock swung between $91.68 and $95.50 in this session—highlighting a choppy stretch as earnings approach. 6
Nebius offers computing power based on GPUs—hardware central to building and deploying AI models—and has been pushing to boost sales of the software running on that backbone. Back in December, Chernin told Reuters that major deals with Microsoft and Meta were aimed at expanding Nebius’s customer reach. “We should be ready (for when) the winter will come,” he said then. 7
Still, the financial details around the Tavily acquisition aren’t clear. The buyout comes while investors are already questioning AI infrastructure firms about their cash burn and capex. If Thursday brings any hint that spending is outpacing demand, the stock could face renewed pressure.
Nebius is set to report earnings and hold its conference call on February 12. Investors are watching for signals on capacity expansion, insight into customer demand, and any early signs of Tavily integration making an impact on product uptake.
