Today in AI

Nebius Secures $700M to Expand AI Infrastructure in the U.S.


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Nebius, formerly Yandex N.V., has raised $700 million to support its expansion into the U.S. AI infrastructure market, leveraging its GPU as-a-service offerings and cloud computing platform. The company plans to build new data centers and customer hubs, aiming to become a major player in the competitive AI infrastructure space, with significant investments from Nvidia, Accel, and Orbis.

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Today in AIBy Dr. Tony Hoang