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.

BING NEWS:
  • Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal
    Nebius — the rebranded European arm of “Russia’s Google,” Yandex — is riding the AI hype wave to build technology for technologists.
    12/2/2024 - 1:45 am | View Link
  • European AI infrastructure company Nebius nabs $700M from Nvidia, Accel, others
    Nebius, the publicly-traded European AI infrastructure company formerly known as Yandex N.V., has raised $700 million in financing to power its U.S. expansion. The financing included “dozens of very ...
    12/1/2024 - 11:00 pm | View Link
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