Nebius agrees to acquire Eigen AI for $643M (NBIS:NASDAQ)
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Nebius acquires 20-person Eigen AI for $643M as inference optimisation becomes AI infrastructure's most valuable layer
Nebius Group, the Dutch cloud computing company that split from Russian internet provider Yandex in 2024, has agreed to acquire Eigen AI for approximately $643 million in stock and cash. The deal, announced on 1 May, is for a 20-person startup founded by alumni of MIT’s HAN Lab. In a market where the largest AI […] This story continues at The Next Web
Amsterdam-based cloud company Nebius is acquiring American start-up Eigen AI for over $643 million. With the acquisition, Nebius gains more opportunities to boost its cloud division. The multi-million dollar deal is being finalized in cash and shares.
Nebius Stock Jumps After $643 Million Eigen AI Deal Targets AI Cloud’s Next Bottleneck
Nebius agreed to acquire Eigen AI for about $643 million in cash and stock, aiming to expand its AI inference software business. Nebius shares rose 11.8% to $154.49 after the news. The deal is expected to close in the coming weeks, pending antitrust clearance. Nebius will report first-quarter results on May 13. The post Nebius Stock Jumps After $643 Million Eigen AI Deal Targets AI Cloud’s Next Bottleneck appeared first on TechStock².
Nebius acquires AI model optimization startup Eigen AI for $643M
Nebius Group NV, a Dutch operator of artificial intelligence data centers, today announced plans to buy software maker Eigen AI Inc. for $643 million. The company will finance the acquisition with cash and stock. It expects to close the deal in a few weeks. Nebius provides access to graphics card unit clusters that developers can […] The post Nebius acquires AI model optimization startup Eigen AI for $643M appeared first on SiliconANGLE.
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