{"id":645808,"date":"2024-12-02T17:44:00","date_gmt":"2024-12-02T14:44:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nvidia-accel-back-netherlands-based-ai-firm-nebius-in-700m-deal\/"},"modified":"2024-12-02T17:44:00","modified_gmt":"2024-12-02T14:44:00","slug":"nvidia-accel-back-netherlands-based-ai-firm-nebius-in-700m-deal","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nvidia-accel-back-netherlands-based-ai-firm-nebius-in-700m-deal\/","title":{"rendered":"#Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal"},"content":{"rendered":"
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Amsterdam-headquartered Nebius, which builds full-stack AI infrastructure for tech firms, has secured $700mn in a private equity deal led by Nvidia, Accel, and asset manager Orbis.\u00a0<\/span><\/p>\n

The funding comes in the form of a private placement \u2014 <\/span>when a company sells stocks directly to a private investor instead of on the public market. <\/span>The deal will see Nebius issue 33.3 million Class A shares at $21 apiece.\u00a0\u00a0<\/span><\/p>\n

Nebius, which is the rebranded European arm of \u201cRussia\u2019s Google,\u201d Yandex, is investing more than $1bn across Europe by mid-2025 as it seeks to cash in on booming demand for AI computing power. It also recently announced<\/a> plans to build its first GPU cluster in the US.\u00a0 \u00a0<\/span><\/p>\n

\u201cWe have demonstrated the scale of our ambitions, initiating an AI infrastructure build-out across two continents,\u201d said Arkady Volozh, founder and CEO of Nebius. \u201cThis strategic financing gives us additional firepower to do it faster and on a larger scale.\u201d<\/p>\n

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Nebius\u2019 expansion strategy includes constructing new custom data centres and expanding existing facilities, like its <\/span>data centre in Finland which we visited in October<\/span>. It will also deploy additional capacity through colocation.\u00a0<\/span><\/p>\n

Volozh aims for Nebius to be a Phoenix rising from the ashes of what remained of Yandex following the company\u2019s<\/span> divestment from Russia earlier this year<\/span>. <\/span>The $5.4bn deal constituted the largest corporate exit from the country since the start of Russia\u2019s full-scale invasion of Ukraine over two years ago.\u00a0<\/span><\/p>\n

Nebius\u2019 core product is an AI-centric cloud platform for intense AI workloads. The company is also one of<\/span> the launch partners for Nvidia\u2019s fabled Blackwell GPUs, however, this investment does not guarantee that.<\/span><\/p>\n

\u201cThe deal is not about the GPUs,\u201d <\/span>Volozh told Bloomberg<\/span>. \u201cBut, of course, it shows our close relationship, which we hope will influence our pipeline.\u201d<\/span><\/p>\n

Investors are pouring huge sums of money into AI compute. The global AI infrastructure market size is projected to grow from $46.15bn in 2024 to $356.14bn by 2032, according to Fortune Business Insights. One competitor to Nebius, US firm CoreWeave, is preparing for an IPO that could put the company, founded in 2017, at a $35bn valuation<\/a>.\u00a0<\/span><\/p>\n<\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Amsterdam-headquartered Nebius, which builds full-stack AI infrastructure for tech firms, has secured $700mn in a private equity deal led by Nvidia, Accel, and asset manager Orbis.\u00a0 The funding comes in the form of a private placement \u2014 when a company sells stocks directly to a private investor instead of on the public market. The deal…<\/p>\n","protected":false},"author":1,"featured_media":645809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F09%2FDALL%C2%B7E-2024-09-25-16.49.45-A-real-life-photography-style-image-of-a-modern-data-center.-The-room-is-filled-with-rows-of-sleek-tall-server-racks-with-blinking-LED-lights-on-the--e1727275993329.jpeg&signature=9973cb14433f7141681b10eb2a522112","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-645808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/645808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=645808"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/645808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/645809"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=645808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=645808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=645808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}