Nebius today announced the launch of a new data centre in Paris — among the first in Europe to offer NVIDIA’s H200 Tensor Core GPUs. The company, which is the rebranded European arm of “Russia’s Google,” Yandex, is investing more than $1bn to build AI infrastructure across the continent by mid-2025. “We work in a new industry which requires both deep technology and significant capital,” said Arkady Volozh, CEO and founder of Nebius, adding that the company’s data centre in Finland already provides the latest high-performance compute, tools and services to AI developers.