Article 6SN45 Nebius Announces $700M Equity Financing for AI Infrastructure Rollout

Nebius Announces $700M Equity Financing for AI Infrastructure Rollout

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from High-Performance Computing News Analysis | insideHPC on (#6SN45)
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Amsterdam, December 2, 2024 - Nebius Group N.V.; NASDAQ:NBIS), an AI infrastructure company, today announced s definitive agreements for a USD 700 million private placement financing from a group of institutional and accredited investors, including participation from Accel, NVIDIA, and certain accounts managed by Orbis Investments. The financing supports Nebius' previously announced plans to further [...]

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