
Yandex N.V. is rebranding to Nebius, a 'startup' aiming to become a leader in European AI compute, subject to shareholder approval. The new entity, Nebius, is backed by $2.5 billion and employs 1,300 people. It plans to leverage massive GPU networks and a Finnish data center to dominate AI infrastructure. This strategic move comes amid increasing demand for AI capabilities and decentralized compute resources.
The rebranding of Yandex International to Nebius marks a new era for European AI compute, thanks to Russia’s tech brain drain. https://t.co/AC3DWYkqBH
🤖🇳🇱 Nebius rises from Yandex's ashes to lead European AI compute! Backed by $2.5B and 1,300 employees, Nebius is poised to dominate AI infrastructure with massive GPU networks and a Finnish data center. Can this “startup” challenge big tech? https://t.co/WaPFSQmuRJ
From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader: https://t.co/Myrjy0aA2g by TechCrunch #infosec #cybersecurity #technology #news


