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 well known investors,” according to Nebius CEO Arkady Volozh (pictured above) in a press briefing today. While all the names will eventually come out when the […] © 2024 TechCrunch. All rights reserved. For personal use only.

Dec 2, 2024 - 04:15
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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 well known investors,” according to Nebius CEO Arkady Volozh (pictured above) in a press briefing today. While all the names will eventually come out when the […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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