Nebius Group (NBIS) has released an update.
Nebius Group is positioning itself as a leading player in the AI infrastructure sector, boasting over $2 billion in cash reserves and no debt, with a NASDAQ listing providing long-term capital access. With significant investments in AI infrastructure, the company aims to capitalize on the rapidly growing AI market, which is projected to reach $800 billion by 2030. Nebius’s strategic expansion includes developing AI-centric platforms, enhancing its R&D capabilities with a team of 850 tech specialists, and exploring further growth opportunities in the AI sector.
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