Nebius Group N.V. (("Nebius Group", the "Group" or the "Company", NASDAQ:NBIS),(1) a leading AI infrastructure company, today announced its unaudited financial results for the first quarter ended March 31, 2025. In Q1 2025, the Group's revenue of $55.3 million increased 385% year over year, driven primarily by the core AI infrastructure business. Adjusted EBITDA loss in Q1 2025 was $62.6 million and net loss from continuing operations was $113.6 million. The Company also today published an inaugural quarterly shareholder letter from founder and CEO Arkady Volozh, and an accompanying presentation with key business and financial updates. These items can be found on the Company's investor re

Enables significant and rapid scaling of Toloka's business to capitalize on substantial market opportunity in AI data Positions Toloka among top tier of AI data companies globally, backed by world-class strategic investors Secures long-term potential upside for Nebius shareholders from growth of Toloka's business Gives Toloka greater flexibility and independence in governance Nebius Group (("Nebius" or "the Company", NASDAQ:NBIS) today announced a strategic investment in Toloka, its AI data solutions business, led by Bezos Expeditions (the investment arm of Jeff Bezos) with participation from Mikhail Parakhin, CTO of Shopify. The investment marks a pivotal step in Toloka's evoluti

DDN, a global leader in AI and data intelligence solutions, has partnered with Nebius, one of the world's most advanced AI cloud providers, to deliver unprecedented performance, scalability, and efficiency for enterprise AI workloads. By integrating DDN Infinia and EXAScaler into its AI cloud, Nebius is setting a new industry benchmark—offering enterprises an end-to-end, high-performance solution tailored to the demands of next-generation AI. Powering the Future of AI with an End-to-End AI Cloud As an elite AI cloud provider, Nebius is building some of the world's most highly performant infrastructure to power AI innovation. Recognizing the increasing demand for ultra-fast, scalable AI in

Nebius will be an early adopter cloud provider of the NVIDIA Blackwell Ultra platform, offering NVIDIA GB300 NVL72-powered instances Announces general availability of NVIDIA Blackwell GPU capacity at U.S. data centers beginning in Q2 Also named as ecosystem partner for new NVIDIA Dynamo Inference Engine Nebius (NASDAQ:NBIS), a leading AI infrastructure company, will be an early adopter AI cloud provider to offer the new NVIDIA Blackwell Ultra AI factory platform – unlocking the world's most advanced compute on demand for AI builders and enterprises everywhere to build the next generation of agentic, reasoning and physical AI. In support of the launch of NVIDIA Blackwell Ultra today

Opening March 12, the lab will explore applications for AI and related technologies to advance teaching and learning in mathematics Stevens Institute of Technology is collaborating with Nebius Academy, the learning and research initiative of leading AI infrastructure provider Nebius, to launch the Laboratory for AI in Mathematics Education at Stevens in Hoboken, N.J. With a broad mandate to explore and promote innovative uses of AI in math research and education, the lab will investigate how large language models (LLMs) and other AI technologies can be used to promote mathematical reasoning skills and transform teaching practices. This collaboration aims to improve student performance, ap

New build-to-suit facility in New Jersey will have design capacity of up to 300 MW; Incremental capacity also being added at existing facility in Kansas City and new site in Iceland. Nebius Group N.V. (("Nebius Group" or the "Company", NASDAQ:NBIS), a leading AI infrastructure company, today announced a major upgrade to its US-based cloud computing capacity with the planned construction of a new data center in New Jersey with capacity of up to 300 MW. The data center that Nebius has commissioned in New Jersey will be built to Nebius's own design, enabling the company to achieve maximum efficiency and offer superlative performance to customers. The facility is a phased development expa

Nebius Group N.V. (("Nebius Group", the "Group" or the "Company", NASDAQ:NBIS),(1) a leading AI infrastructure company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. In Q4 2024, the Group's revenue of $37.9 million increased 466% year over year, driven primarily by the core AI infrastructure business, which grew 602% year over year. Adjusted EBITDA loss in Q4 2024 was $75.5 million and net loss from continuing operations was $136.6 million.  For the full year 2024, the Group's revenue of $117.5 million increased 462% year-over-year. Cash and cash equivalents as of December 31, 2024, stood at $2,449.6 million on a consolidat

With the latest addition of Flux Schnell, Flux Dev, and SDXL models, Nebius AI Studio becomes one of the most competitive providers of text-to-image AI models in the market Nebius AI Studio's standard capacity of 100M+ tokens per minute for text models enables app builders to scale high volumes of data while maintaining consistent performance. Nebius, the ultimate cloud for AI explorers, today announced the general availability of a number of leading open-source text-to-image AI models through its Inference-as-a-Service platform, Nebius AI Studio. Nebius AI Studio offers a comprehensive suite of AI models to address rapidly increasing demand for high-quality, scalable AI image gene

* Investment comes from a select group of institutional and accredited investors, including participation from Accel, NVIDIA, and certain accounts managed by Orbis Investments * Supports additional capacity deployments in the US and other key markets * Company now expects to deliver an annualized run-rate revenue ("ARR")1 by year-end 2025 of USD 750 million to USD 1.0 billion * Board has determined that a potential repurchase by the Company of its Class A shares is no longer warranted Nebius Group N.V. (("Nebius Group", "Nebius" or the "Company", NASDAQ:NBIS), a leading AI infrastructure company, today announced that it has entered into definitive agreements for a USD 700 million pr

AMSTERDAM, Nov. 28, 2024 /PRNewswire/ -- Nebius's recently launched Nebius AI Studio has been recognized as one of the most competitive Inference-as-a-Service offerings on the market by leading independent analytics provider Artificial Analysis. Nebius AI Studio offers app builders access to an extensive and constantly growing library of leading open-source models – including the Llama 3.1 and Mistral families, Nemo, Qwen, and Llama OpenbioLLM, as well as upcoming text-to-image and text-to-video models  – with per - token pricing, enabling the creation of fast, low-latency applications at an affordable price. Artificial Analysis assessed key metrics including quality, speed, and price across

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Northland Capital initiated coverage of Nebius Group N.V. with a rating of Outperform and set a new price target of $34.00

DA Davidson initiated coverage of Nebius Group N.V. with a rating of Buy and set a new price target of $50.00

BWS Financial reiterated coverage of Nebius Group N.V. with a rating of Buy and set a new price target of $60.00 from $51.00 previously

BWS Financial initiated coverage of Nebius Group N.V. with a rating of Buy and set a new price target of $51.00