History of Nebius Group in Timeline

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.

1997: Yandex Founded

In 1997, Yandex, the predecessor to Nebius Group, was founded as a search engine.

2007: Yandex N.V. Registered

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

May 2011: Yandex IPO on NASDAQ

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

February 2022: Suspension of trading on NASDAQ

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

July 2024: Sale of Russian assets

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.

October 2024: Resumption of trading on NASDAQ

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

December 2024: Nebius raises $700 million

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

February 2026: Acquisition of Tavily and AI factory plans

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.