Rising from Yandex’s Ashes: How Nebius Plans to Dominate European AI Compute

Walking through the bustling streets of Berlin with a coffee in hand, you might not notice it at first, but a quiet tech revolution is brewing. Nebius, a name that might sound new but is rooted in old tech glory, is stepping up to be a major player in Europe’s AI scene. Want to know how? Stick around, as we’ll explore how a company emerging from Yandex N.V. plans to become the go-to for AI infrastructure in Europe.

Nebius: More Than Just a Rebrand

Nebius isn’t your typical startup. It’s actually the new name for Yandex N.V., the holding company of the famed Russian tech giant Yandex. Now, it’s pivoting to become a full-stack AI infrastructure company based in Europe. It may technically not be a startup, but having lost many assets due to geopolitical conflicts, it’s starting afresh with what remains outside Russian territory.

Inherited Assets

Here’s what Nebius has to work with:

• Avride: An autonomous vehicle company based in Texas.
• Toloka AI: A company focused on generative AI and large language models (LLM).
• TripleTen: An edtech platform aiming to revolutionize tech education.
• Nebius AI: A Finnish data…