Nebius Group N.V. Class A Ordinary Shares (NBIS)
Nebius Group N.V. Class A Ordinary Shares (NBIS) is a company involved in providing financial technology solutions and digital banking services, primarily focused on delivering innovative banking products and services to its clients. The company aims to leverage technology to enhance financial inclusion and streamline digital financial operations.
Company News
Nebius Group is emerging as a promising AI cloud infrastructure company, experiencing rapid growth with 625% year-over-year revenue increase and expanding its data center capacity. The company is following a strategy similar to Nvidia's, aiming to become a comprehensive AI platform provider.
The article highlights three AI infrastructure companies - CoreWeave, IREN, and Nebius - that are building critical infrastructure for AI scaling, focusing on GPU cloud platforms, renewable energy data centers, and purpose-built AI computing solutions.
NVIDIA is partnering with model builders and cloud providers across Europe to optimize sovereign large language models, providing a foundation for an integrated regional AI ecosystem that reflects local languages and culture. The models will be optimized using NVIDIA Nemotron techniques and hosted on AI infrastructure from NVIDIA Cloud Partners, enabling European enterprises to run the models on Perplexity, an AI-powered answer engine.
Several large-cap stocks saw significant gains last week, with AST SpaceMobile surging 35.2% amid the Elon Musk-Trump clash, and Venture Global jumping 31.6% due to positive developments in the commodity market.