Nebius
An AI cloud with large GPU clusters and software for training and running AI models.
Public · NASDAQ:NBIS- Sector
- AI
- Based in
- Amsterdam, Netherlands
- Invested
- Jun 2026
- Formerly
- Yandex N.V.
Nebius runs an AI cloud: data centres full of Nvidia GPUs, with the software AI labs and companies need to train and run models. It designs its own servers and racks, and operates sites in Finland, France, Iceland, Israel, the UK and the United States.
The group also owns Avride, which develops self-driving cars and delivery robots, TripleTen, an online tech education company, and a stake in data-labelling business Toloka.
Nebius was formed in 2024 from Yandex N.V., the Dutch parent of Russian internet company Yandex, after it sold all of its Russian businesses. Yandex co-founder Arkady Volozh leads it, and its shares resumed trading on the Nasdaq in October 2024.
As of 29 Sep 2026
Why I own it
Nebius is one of the new AI clouds, renting large GPU clusters to companies that train and run models. It has a deep engineering team and the balance sheet to build fast.
The hyperscalers can't add capacity quickly enough. Specialist AI clouds fill the gap, and I think demand for compute is big enough to support several of them for many years.
Then · Jun 2026
Since I invested
- Held for
- 4 months
- Status
- Active
- Share price, past year
- +66%
Thesis check since 29 Sep 2026
2 developments support it, 0 challenge it
- SupportsWelcome to Nebius, @InferizeAI! We’re building out our production inference capabilities on @nebiustf.
- SupportsShopify's Andrew McNamara and Nebius's Andrew Eliseev on how Shopify fine-tunes open-source models and cuts inference co
Checked against the thesis by Jev, an AI model. Can be wrong.
Latest on X
@nebiusai- Nebius@nebiusai · 9 OctOpen source gives humans AND agents a foundation to build on.
On AI-Native, @zongheng_yang explains how a compute optimization challenge led to @skypilot_org, why building in the open drives innovation, and how founders can plan against capacity.
Watch: https://nebius.com/podcast
0321 - Nebius@nebiusai · 9 OctNebius is going live from @NVIDIA GTC Berlin: a two-day broadcast hosted by @dee_bosa of DB Live.
Join us for a deep dive into our announcements, reactions to Jensen Huang's keynote, and the people shaping the next phase of AI and where it goes next.
Wed, Oct 21, 15:00 CEST
Thu, Oct 22, 10:00 CEST
Live on X. Save the date. 📅
2139 - Nebius@nebiusai · 9 OctWe are live! Can our agents pass the test?
On this episode of Build With Nebius: Sujee benchmarks AI agents on accuracy, speed, and cost. Then Jacquie uses Hermes + Nebius Token Factory to turn her dog’s photo into a 2D game.
Join live below. https://x.com/i/broadcasts/1nJOLQqbeaExR0652
- Nebius@nebiusai · 8 OctReady for a full day of workshops on LLM inference, physical AI, and post-training by @Nebius_Academy? Join Nebius Build Week in Berlin and sit for an in-person certification on Friday, October 16th.
4056 - Nebius@nebiusai · 6 OctNebius is hosting a private party at Käfer Restaurant on the rooftop of the Reichstag Building on October 16th.
It's a rare setting for a developer community event, so don't miss out on your chance to connect before #NVIDIAGTC Berlin.
Request to join: https://luma.com/nebius-berlin-vip
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