Successful Public Offering and Capital Raise
Nebius became the first publicly traded AI specialized cloud company in October 2024 and raised $700 million in capital in an oversubscribed offering in December, involving notable investors like NVIDIA, Accel, and Orbis.
Data Center and GPU Deployment Expansion
The company expanded its data center footprint and GPU deployments in Europe and the US, with a projected capacity of 100 megawatts by the end of 2025, scalable to over 300 megawatts.
Strong Revenue Growth and Future Projections
Projected March 2025 annualized run rate revenue is expected to be at least $220 million, with a December 2025 run rate revenue estimate of $750 million to $1 billion.
Strategic Partnerships and Business Unit Successes
Avride signed contracts with Uber and Grubhub, and Toloka's revenue grew by 140% year-over-year. TripleTen doubled new student additions, maintaining its position as a leading IT bootcamp in the US.