Today in AI

Nebius Group's $700 Million AI Infrastructure Expansion


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Nebius Group is raising $700 million to expand its AI infrastructure, focusing on the U.S. and Europe, following its strategic separation from Yandex due to geopolitical pressures. The investment will support the development of large-scale GPU clusters and data centers, with significant backing from investors like Nvidia, positioning Nebius as a key player in the competitive AI infrastructure market.

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Today in AIBy Dr. Tony Hoang