The company this week announced that it has entered into definitive agreements for a $700 million private placement financing from a group of institutional and accredited investors, including participation from private equity firm Accel, Nvidia, and certain accounts managed by Orbis Investments.

The funding is expected to aid Nebius in expanding the clusters of GPUs, cloud platforms and other tools for AI developers.

Nebius Group is raising $700 million in a private placement from investors, including Nvidia, to build the infrastructure underpinning AI.

CoNebius NV, a publicly traded provider of artificial intelligence infrastructure, today announced that it has raised $700 million in funding.

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,

Nebius, formerly Yandex, recently managed to raise $700 million in an investment round. The European AI infrastructure specialist aims to significantly

Nebius — the rebranded European arm of “Russia’s Google,” Yandex — is riding the AI hype wave to build technology for technologists.

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 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,

AI infrastructure company Nebius ($NBIS) gained 17.1% yesterday following news that Nvidia ($NVDA) participated in its latest $700 million private