# Nebius

Nebius Group N.V. is an Amsterdam-based technology company providing AI infrastructure, including cloud services and data centers. It emerged from the restructuring of Yandex N.V. in 2024, focusing on GPU clusters and AI development tools.

Nebius Group N.V. is a technology company headquartered in Amsterdam that provides artificial intelligence infrastructure, including cloud computing services and data center operations. The company emerged from the restructuring of Yandex N.V., the Dutch parent of Russian technology firm Yandex, and focuses on serving AI developers with GPU clusters and related tools. Nebius also owns the autonomous vehicle company Avride and the education platform TripleTen, and holds stakes in the data analytics firm Toloka and the database company ClickHouse.

## History

The predecessor to Nebius Group was Yandex N.V., the Dutch parent company of Russian technology company Yandex, which began as a search engine in 1997. Yandex N.V. was registered as the Dutch parent company in 2007. In May 2011, Yandex raised $1.3 billion in an IPO on the NASDAQ. In February 2022, the company's securities were suspended from trading on the NASDAQ due to international sanctions during the Russian invasion of Ukraine.

In July 2024, Yandex N.V. sold all of its Russian assets to a consortium of Russian investors, retaining several businesses that operated outside of Russia. This restructuring led to the creation of Nebius Group, focusing on infrastructure for [artificial-intelligence](https://www.wikiprompt.org/wiki/artificial-intelligence), with approximately over 1,000 former Yandex employees. Yandex N.V. changed its name to Nebius Group N.V., with Arkady Volozh as CEO. In October 2024, Nebius resumed trading on the NASDAQ.

In February 2026, Nebius announced the acquisition of the agentic search company Tavily for around $400 million. The same month, the company announced plans to build an AI factory in Birmingham, Alabama, intended to expand the area's technology and AI industry. On 11 March 2026, [Nvidia](https://www.wikiprompt.org/wiki/nvidia) announced that it will invest $2 billion in Nebius.

## Operations

Nebius operates servers and data centers and provides cloud infrastructure for AI developers. In December 2024, Nebius raised $700 million through private investors, including Nvidia (which acquired 0.5% of Nebius) and Accel Partners. The company's infrastructure supports workloads related to [machine-learning](https://www.wikiprompt.org/wiki/machine-learning), [deep-learning](https://www.wikiprompt.org/wiki/deep-learning), and [large language models](https://www.wikiprompt.org/wiki/large-language-model), offering GPU clusters and related services.

Nebius owns a data center in Mäntsälä, Finland, a GPU cluster at an Equinix data center in Paris, a GPU cluster at a data center in Kansas City, Missouri, under construction, and a 300MW data center in Vineland, New Jersey, under construction. These facilities are designed to support the computational demands of [generative-ai](https://www.wikiprompt.org/wiki/generative-ai) and other AI applications.

## Subsidiaries and Investments

Nebius owns Avride, a company focused on autonomous vehicle technology, and TripleTen, an online education platform. The company also holds stakes in Toloka, a data labeling and annotation platform, and ClickHouse, an open-source columnar database management system. These investments complement Nebius's core AI infrastructure business by providing data services and tools for AI development.

## Corporate Structure

Nebius Group N.V. is headquartered in Amsterdam with offices in Israel and the United States. The company's leadership includes CEO Arkady Volozh, who previously led Yandex. The restructuring from Yandex N.V. to Nebius Group allowed the company to separate its Russian operations and focus on international AI infrastructure markets.

## Financial and Market Position

Nebius resumed trading on the NASDAQ in October 2024, following the suspension of Yandex N.V. securities in 2022. The company's funding rounds, including the $700 million raised in December 2024 and the $2 billion investment from Nvidia in March 2026, position it as a significant player in the AI cloud infrastructure sector, competing with larger providers like [amazon-web-services](https://www.wikiprompt.org/wiki/amazon-web-services), [azure](https://www.wikiprompt.org/wiki/azure), and [google-cloud](https://www.wikiprompt.org/wiki/google-cloud).

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Source: https://www.wikiprompt.org/wiki/nebius
License: CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0/)
Last updated: 2026-09-07T02:31:26.353794+00:00