Nebius Group

London, thank you for the warm welcome! 🇬🇧 Yesterday, we launched our free 𝐈𝐧𝐭𝐫𝐨 𝐭𝐨 𝐌𝐋 𝐟𝐫𝐨𝐦 𝐚𝐧 𝐋𝐋𝐌 𝐒𝐭𝐚𝐧𝐝𝐩𝐨𝐢𝐧𝐭 course, with over 100 people joining us in person for the first session. Stanislav Fedotov, AI expert and AI program lead at Nebius Academy, led an intro on ML, followed by a panel discussion on 2024’s AI trends with experts: Boris Yangel (Head of AI R&D at Nebius) Michael Figurnov (Senior Staff Research Scientist at Google DeepMind) Emeli Dral (Co-founder and CTO at Evidently AI ) Thank you to everyone who joined us! We’ll be diving deeper over the next 14 weeks, so if you’ve already signed up but couldn’t make it this time, we’d love to see you at the next session on November 12th. Let’s keep learning, growing, and shaping the future of AI together ✨ 👉 Explore more programs on our website: https://lnkd.in/eb9nJCfn

Join our CEO and founder, Arkady Volozh, as he speaks at the FT Live’s Future of AI Summit tomorrow. Arkady will be taking part in a fireside chat with FT tech comment editor Elaine Moore at 3:55 pm GMT. If you're attending the event in person or online, make sure to catch this opportunity to hear a pioneer in the industry tell the Nebius story in his own words, and share insights into the AI infrastructure boom and investment trends. It's a session not to be missed!

As Nebius continues to grow, we are pleased to introduce our new Chief People Officer, Sarah Boulogne. With more than 20 years of international experience in HR and a strong track record in tech and professional services, Sarah is a dynamic and results-driven leader. Passionate about building and developing talent, Sarah is known for her innovative and creative approach to driving growth in individuals, teams and organizations, and for her strong commitment to fostering inclusive, forward-thinking workplaces. In Sarah's own words: "I’m delighted to be joining Nebius at this exciting point in the company’s journey, and look forward to contributing my expertise to help build a strong company culture in which all our employees can thrive”. Join us in welcoming Sarah to Nebius as we embark on our next phase of growth and continue to strengthen our team and company culture.

Today we published our financial results for the third quarter of 2024 – our first full reporting quarter as Nebius Group. In the third quarter we delivered a strong financial performance, as well as a number of strategic product developments.    Some highlights: 👉 Group revenue increased 1.7 times quarter-on-quarter. In our core AI infrastructure business, revenue growth was even more significant, up 2.7 times quarter-on-quarter, or almost 8x year-on-year. 👉 We have a strong cash position, with cash and cash equivalents as of September 30, 2024 of around USD 2.3 billion. 👉 Trading in Nebius Group shares on Nasdaq restarted shortly after the end of the quarter under the ticker “NBIS”.   Product developments: 🔥 The first cloud computing platform built from scratch specifically for the age of AI, built on the NVIDIA accelerated computing framework. 💥 AI Studio: a high-performance, cost-efficient self-service inference platform for foundation model users and application developers. Read more 🔗 https://lnkd.in/ech8GJtF

🚀 Introducing the new generation of Avride’s delivery robots! 🚀 Our latest model features a uniquely designed four-wheel chassis that elevates maneuverability, energy efficiency, and control to new levels. Along with a revamped cargo compartment for flexible delivery configurations and improved user access. This is just the beginning—as production ramps up, these robots will soon be joining our fleet. We’re thrilled to see the impact they’ll bring to on-demand delivery! For an in-depth look at the tech behind this upgrade, check out our latest blog post https://lnkd.in/gKZnZWmT

Ever wondered where the future of AI is being built? I just visited the data centre in Finland that's making it happen. Nebius’ data centre is the powerhouse where AI models are trained. Thousands of GPUs working in unison. It’s expanding to host up to 60,000 GPUs dedicated to intensive AI workloads. They’re building a full-stack AI cloud platform. Here’s what I learned: 1. There is a scarcity of GPUs in the US • Clusters are being sold in massive packages • People who need smaller requirements can’t find them 2. Nebius are building a self-serve platform • Cover infrastructure requirements from a single GPU to big GPU clusters • They’re not a GPU reseller—they’re designing the servers and the racks from the ground up 3. Applications • Helped Mistral train their multimodal models • Provide full-stack infrastructure for AI model development Something else that was unique about the visit. Nebius cools the servers in Finland using the outside air. The heat that’s generated from the servers is then shipped back into the grid. This means Nebius not only heats the onsite building, But it also heats homes nearby, benefitting the local community. They’re able to recover 70% of the heat generated. And it’s the first in the world to have this heat reuse application connected to the local municipal grid. They’re now investing over $1B in AI data centres in Europe. I feel the future of AI depends on infrastructure like this that balances performance with sustainability. Follow me Alex Banks for daily AI highlights & insights.

Today we are introducing another member of the Nebius family: TripleTen is an award-winning online bootcamp reskilling people for jobs in tech and renowned for its graduate employment success rates. 

🎉 Our shares start trading on Nasdaq today under the ticker "NBIS". In this short video, our Chairman John Boynton and CEO Arkady Volozh set out the Nebius story and the immense opportunity we see in AI infrastructure: https://lnkd.in/dBdqw_TP

💥 Big news! Nebius Group shares will start trading again on Nasdaq on Monday under our new ticker symbol “NBIS”. “We are pleased to have our shares trading again on Nasdaq, which opens a new chapter for our Company, as a publicly traded pure play in the fast- growing AI infrastructure space,” said Arkady Volozh, our founder and CEO. “Our ambition is to build one of the world’s largest specialist AI infrastructure businesses. This requires access to technological expertise, graphics processing units (“GPUs”) and capital. These are exactly what we have.“ “With a strong cash position of approximately $2 billion, we are already investing in building out our network of GPU clusters and gaining significant traction among AI innovators and businesses of all sizes. We have announced our plans to substantially increase our data center capacity, expect to finish this calendar year with more than 20,000 GPUs in place, and have launched our AI cloud platform, which we have built from scratch.” “The road to today was not an easy one,” commented John Boynton, Chairman of Nebius, “but I could not be more excited about the road we have chosen. The opportunity ahead of us is immense. We have the right technology and team for this moment. And we have the ambition to build something even bigger than what we built before.” Read the full announcement 🔗 https://lnkd.in/eb33GDaB 

Another exciting development at Nebius today, as we announced the launch of our new AI-native cloud computing platform – the first of its kind built from the ground up specifically for the age of AI. 👉 Leveraging the experience of more than 400 cloud engineers and deep AI expertise from our in-house LLM R&D team, our new platform is designed to manage the full ML lifecycle – from data processing and training through to fine tuning and inference – all in one place. 👉 The result is a truly AI-native cloud computing environment that supports highly intensive and distributed AI and ML workloads with the robustness, reliability and convenient user experience of a hyperscaler. As Andrey Korolenko, co-founder and Chief Product and Infrastructure Officer at Nebius, says: “Over the past year we have written a new code base to create a fully owned cloud offering specifically for AI. This is true full-stack AI infrastructure: a fully owned network of large-scale Infiniband-interconnected GPU clusters built to NVIDIA Reference Architecture, with a proprietary cloud platform on top including a suite of managed services, developer tools and applications.” Learn more about the new platform 🔗 https://lnkd.in/eA__ZbuD