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 CEO Arkady Volozh (pictured above) told TechCrunch during a press briefing today. While all the investors’ names will be revealed when the paperwork […]

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On October 21, a new ticker opened to Nasdaq traders: NBIS, a truncation of Nebius, a fledgling player in the AI cloud infrastructure space. Casual observers could be forgiven for wondering where this company had come from, as there had been little in the way of the usual fanfare that surrounds most startups’ journey to […]

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