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New draft proposal

[edit]

Hi, below please find a suggested new draft of this page, updated for accuracy and relevance. The current article conflates Yandex and Nebius, and they are two separate companies. This proposed version below focuses entirely on Nebius as its own entity, and I have included more reliable sourcing:

Revision proposal
Nebius Group N.V.
NasdaqNBIS
IndustryTechnology company
HeadquartersAmsterdam
Key people
John Boynton, Chairman
Arkady Volozh, CEO
Revenue
  • Decrease US$117.5 million (2024)
  • Decrease -US$443 million (2024)
  • Decrease -US$282 million (2024)
Total assets
  • Decrease US$3.551 billion (2024)
Total equity
  • Decrease US$3.256 billion (2024)
OwnerNvidia (0.5%)[1]
SubsidiariesNebius
Toloka
Avride
TripleTen
Clickhouse
Websitegroup.nebius.com

Nebius Group N.V., headquartered in Amsterdam, is a technology company[2][3] that provides AI infrastructure.[4] The company also owns the technology companies Avride and TripleTen, as well as stakes in Toloka[5] and Clickhouse.[6] Nebius Group was formed in 2024 as a result of corporate restructuring of Yandex N.V.

History

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Nebius was formed in 2024 as part of corporate restructuring of Yandex. In July 2024, due to international sanctions during the Russian invasion of Ukraine, the company sold Yandex to a consortium of Russian investors as part of a $5.4 billion deal took place to split the international and domestic Yandex assets,[7]. The businesses that operated outside of Russia were renamed Nebius Group,[8][9] a full-stack AI infrastructure company[10] with approximately 1,000 former Yandex employees.[9][6] In October 2024, following the complete split from Yandex, Nebius shares resumed trading on the Nasdaq.[11]

Nebius creates its own servers and data centers so that it is both more energy and technically efficient.[12] The company offers a cloud for companies to develop and customize their own business AI models.[13] As of January 2025, Nebius had raised $700 million through private investors, including Nvidia and Accel Partners.[5] The investment was used to create GPU clusters, which are a package of AI chips and cloud services within data centers.[5]

Nebius owns a data center in Mäntsälä, Finland,[14] a GPU cluster at an Equinix data center in Paris,[15][16][17] a GPU cluster at a data center in Kansas City, Missouri, under construction,[18][19] and a 300MW data center in Vineland, New Jersey, under construction.[20]

Nebius also owns Avride and TripleTen,[5] and has stakes in Toloka and Clickhouse.[6] Nebius is headquartered in Amsterdam with offices in Israel and the United States.[10]

References

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  1. ^ Singh, Jaspreet (February 15, 2025). "Nvidia cuts stake in Arm Holdings, discloses position in China's WeRide". Reuters.
  2. ^ Lawrence, Cate (2 June 2025). "Full-stack AI company Nebius secures $1B for AI cloud platform development". tech.eu.
  3. ^ "Nebius Group NV". bloomberg.com. 16 June 2025.
  4. ^ Ahlgren, Linnea (July 16, 2024). "Yandex founder launches new Amsterdam-based AI venture after Russia divestment". thenextweb.com.
  5. ^ a b c d "Russia Tech Exile Sees Wealth Grow After Switching to AI". bloomberg.com. 16 January 2025.
  6. ^ a b c Sawers, Paul (24 November 2024). "The curious case of Nebius, the publicly traded AI infrastructure 'startup'". techcrunch.com.
  7. ^ Marrow, Alexander (2 December 2024). "Nvidia among investors in $700 mln capital raise by AI firm Nebius Group". reuters.com.
  8. ^ Marrow, Alexander (15 July 2024). "Yandex split finalised as Russian assets sold in $5.4 bln deal". reuters.com.
  9. ^ a b "Yandex NV renamed Nebius Group after Russia split". reuters.com. 16 August 2024.
  10. ^ a b Johnson, Jeffrey Neal (4 January 2025). "Nebius Group: The Rising Star in AI Infrastructure". entrepreneur.com.
  11. ^ Marrow, Alexander; Shekhawat, Jaiveer (October 18, 2024). Zahid, Tasim (ed.). "Nebius set to resume Nasdaq trading after completing split from Russia's Yandex". Reuters.
  12. ^ Bergen, Mark (10 January 2025). "He Built Russia's Biggest Tech Company. Now He's Starting Over—Without Putin". bloomberg.com.
  13. ^ Hijink, Marc; de Koning, Marloes (28 March 2025). "Gevluchte Russen bouwen een Europees alternatief voor Amerikaanse AI. Het resultaat: techstart-up Nebius". nrc.nl.
  14. ^ "NEBIUS GROUP N.V. Form 6-K". U.S. Securities and Exchange Commission. February 20, 2025.
  15. ^ Swinhoe, Dan (September 26, 2024). "Nebius deploys AI cluster at Equinix data center in Paris". Data Center Dynamics.
  16. ^ Ahlgren, Linnea (September 25, 2024). "Nebius launches AI data centre in Paris as part of $1B European investment plan". The Next Web.
  17. ^ Butler, Georgia (October 16, 2024). "Nebius launches AI cloud offering with Nvidia H100s and H200s". Data Center Dynamics.
  18. ^ Trueman, Charlotte (November 19, 2024). "Nebius to deploy 5MW Nvidia H200 cluster at Patmos data center in Kansas City, Missouri". Data Center Dynamics.
  19. ^ Nellis, Stephen (November 20, 2024). "Nebius Group to open first US cloud operations after resuming trading". Reuters.
  20. ^ Trueman, Charlotte (March 5, 2025). "Nebius to build 300MW data center in New Jersey, will launch Icelandic colocation deployment in Q2 2025". Data Center Dynamics.

Thank you! Wikigracht (talk) 09:54, 24 June 2025 (UTC)[reply]