Nebius Group

Amsterdam-based AI cloud; formerly Yandex N.V.

Overview

Nebius Group, incorporated in the Netherlands with principal offices at Schiphol, operates a full-stack AI cloud: GPU clusters, storage and software for training and inference[16]. Revenue in 2025 was US$530 million[16]. The company released Nebius Token Factory, a managed inference service for deploying and fine-tuning open-source and custom models, in November 2025[16]. Its 20-F states that new sites in the United States, France, the United Kingdom and Israel bring total contracted power to more than 2 GW, most of it in data centres the company owns and designs[16]. Nebius had about 1,500 employees at the end of 2025, most of them engineers[16]. The scale of planned capacity relative to current revenue means results depend on signing large, long-term customer contracts.

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