History of Nebius Group in Timeline

Nebius Group N.V., based in Amsterdam, is a technology company specializing in artificial intelligence infrastructure. Its portfolio includes Avride and TripleTen, along with investments in Toloka and Clickhouse. The company maintains a global presence with offices in Amsterdam, Israel, and the United States.

1997: Yandex Founded

In 1997, Yandex was founded as a search engine.

2007: Yandex N.V. registered

In 2007, Yandex N.V. was registered as the Dutch parent company of Yandex.

May 2011: Yandex IPO on NASDAQ

In May 2011, Yandex raised $1.3 billion through an IPO on the NASDAQ stock exchange.

February 2022: Suspension from NASDAQ

In February 2022, Yandex securities were suspended from trading on the NASDAQ due to international sanctions during the Russian invasion of Ukraine.

July 2024: Sale of Russian assets and restructuring

In July 2024, Yandex N.V. sold all of its Russian assets to a consortium of Russian investors, retaining businesses operating outside Russia. This restructuring led to the formation of Nebius Group.

October 2024: Nebius resumes trading on NASDAQ

In October 2024, Nebius Group resumed trading on the NASDAQ.

December 2024: Nebius raised $700 million

In December 2024, Nebius raised $700 million through private investors, including Nvidia (which acquired 0.5% of Nebius) and Accel Partners.

February 2026: Acquisition of Tavily and AI factory plans

In February 2026, Nebius announced the acquisition of agentic search company Tavily for around $400 million and plans to build an AI factory in Birmingham, Alabama.