Nebius (emerged from Yandex in July 2024) is an AI-centric cloud platform provider specializing in infrastructure and services for intensive AI workloads. Nebius operates multiple data centers, including its flagship facility near Helsinki, Finland, and has expanded its presence with co-location sites in Paris and Kansas City.
The company operates a proprietary full-stack infrastructure that includes large-scale GPU clusters, cloud platforms, and developer tools. Its flagship supercomputer, ISEG, ranks as the 19th most powerful supercomputer globally, featuring a supercluster of thousands of GPUs installed in custom-designed servers and racks. The company's infrastructure includes advanced GPU clusters equipped with NVIDIA H100 Tensor Core processors and InfiniBand 400 Gbit/sec per card interconnection.
The company offers a comprehensive suite of cloud services, including 1) Compute Cloud for GPU-accelerated applications, 2) Virtual Private Cloud for secure networking, 3) Object Storage for scalable data storage, 4) Managed Kubernetes services for container orchestration, and 5) AI Studio Inference Service, an LLM inference-as-a-service platform.
After its funding round in December 2024, the company increased its annualized run rate (ARR) to range between USD 750 million and USD 1 billion by the end of 2025. Nebius generated ~USD 29 million in Q3 2024 from its core AI infrastructure business.
Key customers and partnerships
As of October 2024, the company had over 40 clients, including Fortune 500 enterprises. Notable enterprises using its platform included Mistral AI, Luma AI, and JetBrains.
Nebius maintained a strategic partnership with NVIDIA, which is a technology partner and investor in the company. The company also partnered with Unum to train and open-source several models, available on platforms like Hugging Face (April 2024).
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