Nebius, now trading under "NBIS" on Nasdaq, is a newly public company in the AI cloud infrastructure sector, originating from Yandex N. V. , the former holding company of Russian internet giant Yandex. After sanctions halted Yandex N. V. shares due to Russia's Ukraine invasion, the company restructured and offloaded its Russian assets, morphing into Nebius AI with Arkady Volozh as its head. Nebius focuses on selling GPUs "as-a-service" for computational tasks, having launched a comprehensive cloud platform for machine learning processes. Despite a volatile re-entry into public trading, its market value has stabilized, signaling market confidence in its business potential, even though its current valuation is far below its peak. The company's strategy includes expanding its cloud infrastructure, with a new U. S. GPU cluster in Kansas City and customer hubs in San Francisco, Dallas, and New York.
It's also diversifying with other ventures: Avride in autonomous vehicles, Toloka for AI data services, and TripleTen in education technology. Avride, evolved from Yandex’s self-driving unit, is collaborating with Uber for delivery robots and plans to introduce self-driving cars on Uber's platform. Toloka aligns with Nebius’s infrastructure via data labeling services for large enterprises. Meanwhile, TripleTen provides an educational platform for tech sector hopefuls, adding to Nebius’s array of services for the AI industry. Nebius is expanding its AI cloud business with plans to increase its data center capacity, using a mix of owned facilities and co-locations to boost processing power and reduce latency. Such growth highlights Nebius's commitment to solidifying its infrastructure presence in both Europe and the U. S. , aiming for efficiency and speed in its expansion efforts.
Nebius AI Enters Nasdaq: Expanding Cloud Infrastructure and AI Ventures
Around 2019, before AI’s surge, C-suite leaders primarily worried about ensuring sales executives accurately updated the CRM.
Otterly.ai, a pioneering Austrian software company, has recently attracted attention for its novel approach to monitoring brand and product representation within responses generated by large language models (LLMs).
Nvidia has recently become the first company to reach a $5 trillion market valuation, just three months after surpassing the $4 trillion mark.
Scope AI has unveiled a groundbreaking advancement in data security through the development of its quantum resilient entropy technology, known as QSE Technology.
Artificial intelligence is dramatically reshaping video analytics by enabling the extraction of actionable insights from massive quantities of visual data.
The Year of Vibe Marketing and Human-Made Content AI continues to transform the world, altering audience expectations and redefining the roles of marketing professionals
Advertisers are increasingly leveraging artificial intelligence (AI) to transform the creation and delivery of video advertisements.
Launch your AI-powered team to automate Marketing, Sales & Growth
and get clients on autopilot — from social media and search engines. No ads needed
Begin getting your first leads today
Lorem ipsum dolor sit amet consectetur adipisicing elit. Fuga dolor minus maiores. Aut vero expedita dicta, dolorem odit excepturi odio doloremque voluptatem repellat aliquam? Dolores nemo eum id pariatur! Nobis!
Create your own avatar to work for you — completely free of charge!
Sign up with
Google
We've sent a confirmation email to
Please check your inbox and click the link to complete your registration
Didn’t receive it? Check your Spam or Promotions folder
and get clients without any advertising investment!
Create and publish viral social media content on autopilot
AI sales managers work 24/7, with no need for sleep, food, or breaks, and speak all languages.
You have unsubscribed from the mailing list recklessly but successfully.
We are not saying goodbye and look forward to seeing you again.