European AI infra company Nebius nabs $700M from Nvidia, Accel, others

Biztoc.com - December 2, 2024

European AI infra 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 to fuel its U.S. expansion. The financing came from “dozens of very well known investors,” Nebius CEO Arkady Volozh (pictured above) told Tec…

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