The curious case of Nebius, the publicly traded AI infrastructure ‘startup’

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TechCrunch 12h ago

The curious case of Nebius, the publicly traded AI infrastructure ‘startup’ - TechCrunch

Quick Summary:

On October 21, a new ticker opened to Nasdaq traders: NBIS, a truncation of Nebius, a fledgling player in the AI cloud infrastructure space.

But while the cloud infrastructure business is its bread and butter (accounting for two-thirds of its revenue, as per its first earnings report last month), there’s a triumvirate of additional businesses under the Nebius Group umbrella.

Last month, the company debuted a holistic cloud computing platform designed for the “full machine learning lifecycle,” spanning data processing, training, fine-tuning, and inference.