Nebius Group N.V. is a technology company based in Amsterdam, specializing in artificial intelligence infrastructure. The company's portfolio includes ownership of Avride and TripleTen, alongside investments in Toloka and Clickhouse. Nebius Group operates with offices in Amsterdam, Israel, and the United States, indicating its international presence and focus on AI-driven technological solutions.
In 1997, Yandex, the predecessor to Nebius Group, was founded as a search engine.
In 2007, Yandex N.V. was registered as the Dutch parent company of the Russian technology company Yandex.
In May 2011, Yandex raised $1.3 billion in an IPO on the NASDAQ stock exchange.
In February 2022, Yandex's securities were suspended from trading on the NASDAQ due to international sanctions during the Russian invasion of Ukraine.
In July 2024, Yandex N.V. sold all of its Russian assets to a consortium of Russian investors, leading to the creation of Nebius Group.
In October 2024, Nebius Group resumed trading on the NASDAQ.
In February 2026, Nebius announced the acquisition of the agentic search company Tavily for around $400 million and revealed plans to build an AI factory in Birmingham, Alabama.
In March 2026, Nvidia announced it will invest $2 billion in Nebius.
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