Summary
- Nebius, formerly known as Yandex, is reentering the public markets after more than two years.
- The company is focusing on cloud infrastructure for AI compute and aims to become a leading player in Europe’s “GPU-as-a-service” space.
- Nebius emerged from Yandex N.V.’s Finnish data center and AI cloud business.
- Nebius will resume trading on Monday, October 21, 2024.