Comment on Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal

Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal

Amsterdam-headquartered Nebius, which builds full-stack AI infrastructure for tech firms, has secured $700mn in a private equity deal led by Nvidia, Accel, and asset manager Orbis.  The funding comes in the form of a private placement — when a company sells stocks directly to a private investor instead of on the public market.

 

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