
Nebius Group N.V. is a fast-growing AI infrastructure company. It was originally founded in 1989 as Yandex N.V. by Arkady Volozh en.wikipedia.org. In mid-2024, Nebius sold the Russian Yandex businesses to local investors and re-emerged in Amsterdam focused on global AI cloud services en.wikipedia.org. Today Nebius designs and operates GPU-powered data centers and a full-stack AI cloud platform. It raised $700 million from private investors in Dec 2024 en.wikipedia.org. Nebius now owns data centers in Finland and clusters in Paris and Kansas City, with a 300 MW AI center under construction in Vineland, New Jersey en.wikipedia.org. Beyond cloud, Nebius also owns Avride and TripleTen, and holds stakes in data-annotation firm Toloka and database company ClickHouse en.wikipedia.org nebius.com.
Walmart Rout and 4.70% Yield Pull Wall Street Lower
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