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NEBIUS ACQUISITION
AI cloud firm Nebius reports near eightfold revenue jump, shares surgeNebius Group reported an impressive revenue increase to $399 million, marking an almost eightfold rise driven by soaring demands for AI inf...- Nebius to buy Eigen AI for $643 million to boost inference and US expansionAmsterdam-based Nebius is acquiring Eigen AI for approximately $643 million. This strategic move aims to enhance Nebius' production-grade a...
- US Stocks: AI cloud firm Nebius posts surge in capex on GPU, data center expensesNebius Group reported a sharp rise in quarterly capital spending on Thursday, driven by purchases of artificial intelligence processors and...
- AI infrastructure company Nebius to raise $3 billion to fuel growthThe financing includes a $2 billion private offering of convertible senior notes and a $1 billion underwritten public offering of the compa...
- US stock futures rise as Nasdaq hits record, S&P 500 and Dow climb, Fed rate cut bets build while Apple’s iPhone 17 event takes center stageUS stock futures edged higher Tuesday morning, extending Monday’s tech-fueled rally that sent the Nasdaq Composite to a record close. Inves...
- Fire sale at Byju’s; Meesho’s pre-IPO moveTroubled edtech startup Byju’s is selling its US assets at steep losses, mandated by a US bankruptcy court. This and more in today’s ETtech...
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