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Europe's largest AI-native cloud — full-stack AI infrastructure spanning GPU cloud, inference, and sovereign AI factories
HQ: Amsterdam, Netherlands | Founded: 2024 | Employees: ~1,500 (2026, est.) | Stage: Public (NASDAQ: NBIS) | Website: https://nebius.com
Nebius traces its roots to Yandex, the Russian internet giant founded in 1997 by Arkady Volozh and Ilya Segalovich. Its Dutch parent (Yandex N.V.) listed on Nasdaq in 2011 and grew to a peak market cap near $31B in 2021. Following Russia's 2022 invasion of Ukraine, Nasdaq trading was suspended in February 2022 and Volozh placed on EU sanctions (removed March 2024). In July 2024 the company sold all of its Russian assets to a Russian consortium for $5.4B — the largest corporate exit from Russia since the invasion — and renamed itself Nebius Group N.V. with trading resuming on October 21, 2024 under the ticker NBIS.
Nebius pivoted entirely to AI infrastructure: GPU cloud (Nebius AI Cloud, with a proprietary software stack and in-house-designed servers, racks, and data centers), and deductiv
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