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Nebius Group

Nebius Group N.V.
Nasdaq: NBIS
IndustryTechnology company
HeadquartersAmsterdam
Key people
John Boynton, Chairman
Arkady Volozh, CEO
Revenue
  • Decrease US$117.5 million (2024)
  • Decrease -US$443 million (2024)
  • Decrease -US$282 million (2024)
Total assets
  • Decrease US$3.551 billion (2024)
Total equity
  • Decrease US$3.256 billion (2024)
OwnerNvidia (0.5%)[1]
SubsidiariesNebius.AI
Toloka
Avride
TripleTen
Websitegroup.nebius.com
Footnotes / references
[2][3]

Nebius Group N.V., headquartered in Amsterdam, is a holding company that owns Nebius.AI, Toloka, Avride, TripleTen, and minority stakes in other companies focused on artificial intelligence.[2][4][5] It also owns a data center in Mäntsälä, Finland,[2] a GPU cluster at an Equinix data center in Paris,[6][7][8] a GPU cluster at a data center in Kansas City, Missouri, under construction,[9][10][11] and a 300MW data center in Vineland, New Jersey, under construction.[12][13]

The company was formed in 1989 as Yandex N.V. by Arkady Volozh as a holding company for Yandex. In July 2024, due to international sanctions during the Russian invasion of Ukraine, it sold Yandex to a consortium of Russian investors, retaining several businesses that operated outside of Russia, and was renamed Nebius Group.

  1. ^ Singh, Jaspreet (February 15, 2025). "Nvidia cuts stake in Arm Holdings, discloses position in China's WeRide". Reuters.
  2. ^ a b c "NEBIUS GROUP N.V. Form 6-K". U.S. Securities and Exchange Commission. February 20, 2025.
  3. ^ "Nebius Group N.V. announces fourth quarter and full-year 2024 financial results". U.S. Securities and Exchange Commission. February 20, 2025.
  4. ^ Ahlgren, Linnea (July 16, 2024). "Yandex founder launches new Amsterdam-based AI venture after Russia divestment". TNW.
  5. ^ Sawers, Paul (July 21, 2024). "From Yandex's ashes comes Nebius, a 'startup' with plans to be a European AI compute leader". TechCrunch.
  6. ^ Swinhoe, Dan (September 26, 2024). "Nebius deploys AI cluster at Equinix data center in Paris". Data Center Dynamics.
  7. ^ Ahlgren, Linnea (September 25, 2024). "Nebius launches AI data centre in Paris as part of $1B European investment plan". The Next Web.
  8. ^ Butler, Georgia (October 16, 2024). "Nebius launches AI cloud offering with Nvidia H100s and H200s". Data Center Dynamics.
  9. ^ "Patmos Announces Nebius as First Tenant in New Kansas City Data Center" (Press release). Business Wire. November 19, 2024.
  10. ^ Trueman, Charlotte (November 19, 2024). "Nebius to deploy 5MW Nvidia H200 cluster at Patmos data center in Kansas City, Missouri". Data Center Dynamics.
  11. ^ Nellis, Stephen (November 20, 2024). "Nebius Group to open first US cloud operations after resuming trading". Reuters.
  12. ^ Trueman, Charlotte (March 5, 2025). "Nebius to build 300MW data center in New Jersey, will launch Icelandic colocation deployment in Q2 2025". Data Center Dynamics.
  13. ^ "Nebius accelerates US expansion, adding up to 300 MW capacity at new data center in New Jersey" (Press release). Business Wire. March 5, 2025.

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