Nebius Group Secures $1B to Power Next-Generation AI Infrastructure Across the Globe

Nebius Group is thrilled to announce a landmark funding milestone with a successful raise of €1,000,000,000, a pivotal achievement in our journey to reshape the future of AI infrastructure. As one of the largest commercially available AI infrastructure businesses based in Europe, Nebius Group is at the forefront of providing cutting-edge, AI-centric cloud platforms engineered for intensive workloads. This impressive capital infusion will be strategically deployed to further scale our full-stack infrastructure, expand our large-scale GPU clusters, and enhance our suite of advanced tools and services for developers across the globe. Headquartered in Amsterdam, with dynamic R&D and commercial hubs in Europe, North America, and Israel, Nebius Group’s international presence is a testament to our commitment to fostering innovation worldwide. The funding will accelerate our expansion efforts, not only for our core AI infrastructure business but also for our distinctive subsidiary brands, including Toloka AI, TripleTen, and Avride. Each of these entities operates in pivotal sectors—from accelerating AI development and empowering tech reskilling to pioneering autonomous driving technology—thus complementing our overarching mission of harnessing the endless possibilities of cloud technologies. At the helm of Nebius Group is Arkady Volozh, the visionary co-founder of Yandex, whose leadership has been instrumental in driving our strategic vision and technological advancements. With these new funds, we are poised to significantly enhance our research and development efforts, broaden our industrial footprint, and continue delivering innovative solutions that serve the ever-growing global AI industry. This investment not only underscores the market’s confidence in our approach but also energizes our mission to redefine the future of technology with unparalleled cloud infrastructure solutions.