Overview

• Nebius Group will focus on AI-centric cloud platforms, data for generative AI, edtech, and self-driving technology.
• The company plans substantial capital investments, leveraging $2.5 billion in cash and no debt.
• Volozh's anti-war stance and severed ties with Russia led to the lifting of EU sanctions against him.
• Nebius aims to address AI infrastructure bottlenecks with large GPU clusters and data centers in Europe.
• Volozh emphasizes the venture's non-political nature compared to Yandex's past entanglements.