Nebius

Nebius (NASDAQ: NBIS) is a fast-growing AI cloud infrastructure company that provides GPU-accelerated compute, storage, and managed AI services to enterprises, researchers, and AI labs across Europe and North America. Spun out of Yandex in 2024 and listed on NASDAQ, Nebius reported $399 million in Q1 2026 revenue—a 684% year-over-year increase—and is guiding for $3.0–3.4 billion in full-year 2026 revenue, with an annualised run rate target of $7–9 billion.

NVIDIA invested $2 billion in the company, and Nebius has secured a strategic partnership to deploy more than 5 gigawatts of NVIDIA GPU infrastructure by 2030. Its contracted power capacity exceeds 3.5 GW, with more than 75% owned outright.

Major customers include Microsoft and Meta, with Nebius signing $46 billion in AI cloud commitments with both companies in 2026, including a $27 billion, five-year deal with Meta. Headquartered in Amsterdam with data centres in Finland, the Netherlands, and growing U.S.

presence, Nebius offers on-demand GPU clusters, managed Kubernetes, object storage, and AI-optimised networking. The company raised $3.75 billion in convertible notes in early 2026 to fund its aggressive data centre build-out.

Nebius positions itself as the European-origin alternative to U.S.-centric hyperscalers, combining sovereign-friendly infrastructure with hyperscale GPU capacity for AI training and inference workloads.