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WHTop → 📋 News → Nebius Secures $700M to Accelerate AI Infrastructure Expansion
Nebius Secures $700M to Accelerate AI Infrastructure Expansion
📅 - AI infrastructure company Nebius, a firm that emerged as an independent entity following its split from Russia's Yandex, has secured $700 million in an oversubscribed strategic equity funding round. This private placement included participation from prominent investors such as Accel, NVIDIA, and several accounts managed by Orbis Investments.
The new capital is meant to accelerate Nebius ambitious plans to expand its full-stack AI infrastructure across multiple continents, providing advanced tools for global AI pioneers.
The funding will support Nebius' development of large GPU clusters, robust cloud platforms, and advanced developer tools and services. "Our expertise in building [...][... Check source for end of article ...]
Tags: AI
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