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By Stephen Nellis (Reuters) – Nebius Group on Tuesday said it plans to open its first cloud computing operations in the United States, which could eventually house up to 35,000 chips from Nvidia. Nebius was founded by Arkady Volozh, one of the original founders of Russian internet giant Yandex. Trading in Nasdaq-listed Yandex was suspended […]
By Alexander Marrow (Reuters) -Shares in Amsterdam-based Nebius Group plunged 26% when trading for the first time since February 2022 on Monday, as the AI infrastructure firm’s Nasdaq listing, formerly held by Yandex (NASDAQ:), often dubbed “Russia’s Google (NASDAQ:)”, went live. Trading was suspended soon after Russia’s invasion of Ukraine, when the stock traded under […]