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

Biztoc.com - 2 december 2024

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…

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