Nebius Group N.V. emerged in 2024 as a spinoff from Yandex N.V., the multinational technology company originally founded in 1989. Following a restructuring of Yandex’s international assets, Nebius was established to operate independently from its Russian roots, rebranding its global AI, cloud, data, and autonomous technology businesses under one name. Headquartered in Amsterdam, Nebius took over a wide range of advanced infrastructure and intellectual property, positioning itself as a new leader in artificial intelligence services and technology platforms on the global stage.
At the heart of Nebius’s operations is Nebius AI, a proprietary cloud computing platform purpose-built for high-performance AI applications. The company designs and controls the entire tech stack, from data center architecture to server and chip-level configurations, enabling it to manage complex AI workloads more efficiently than traditional cloud providers. It operates GPU-dense data centers across Europe and the U.S., including locations in Finland, Paris, and Kansas City, with new facilities in development to support global expansion and increased demand for compute power in AI development.
The company’s broader portfolio includes a number of complementary subsidiaries. Toloka provides high-quality data labeling services, essential for machine learning and generative AI pipelines. TripleTen, formerly known as Practicum, delivers online education and workforce upskilling programs focused on software engineering and data science. Avride, another subsidiary, develops autonomous technologies including robotics and self-driving systems, with a focus on applications like last-mile delivery, sometimes in collaboration with logistics and ride-hailing platforms.
Nebius has attracted significant investment and strategic backing, including funding from major technology players and venture capital firms. Its focus on purpose-built infrastructure, along with vertical integration of software, hardware, and services, allows it to compete with established cloud giants by offering tailored AI cloud solutions. With an expanding international presence and growing partnerships in areas like education, data annotation, and autonomous mobility, Nebius is positioning itself as a full-stack platform for AI innovation across industries.