Lunch Lecture: Nebius

Watch out, this lunch lecture is on a Wednesday instead of the usual Tuesday!

The predecessor to Nebius Group was Yandex N.V., the Dutch parent company of a Russian technology company Yandex, which began as a search engine in 1997.[7] Yandex N.V. was registered as the Dutch parent company in 2007.[8] In May 2011, Yandex raised $1.3 billion in an IPO on the NASDAQ.[9][10] In February 2022, the company's securities were suspended from trading on the NASDAQ due to international sanctions during the Russian invasion of the Ukraine.[11] In July 2024, Yandex N.V. sold all of its Russian assets to a consortium of Russian investors, retaining several businesses that operated outside of Russia.[12] This restructuring led to the creation of Nebius Group, focusing on infrastructure for artificial intelligence, with approximately over 1,000 former Yandex employees.[13] Yandex N.V. changed its name to Nebius Group N.V.,[14] with Arkady Volozh as CEO.[15] In October 2024, Nebius resumed trading on the NASDAQ.[16]

In February 2026, Nebius announced the acquisition of the agentic search company Tavily for around $400 million.[17][18] The same month, the company announced plans to build an AI factory in Birmingham, Alabama. The factory was intended to expand the area's technology and AI industry.[19][20]

On 11 March 2026, Nvidia announced that it will invest $2 billion in Nebius.[21]

From wikipedia, true message will come later!

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