The Garage
NBIS · Amsterdam, Netherlands
The Garage / Company file

Nebius Group

Europe’s answer to Silicon Valley neoclouds. Built on deep infrastructure engineering to power global AI compute.

Founded 2024
By Arkady Volozh
Market quote
Today
Symbol
NBIS
2024
Rebirth from the Yandex restructuring
Nebius Group emerged in mid-2024 following the complex international divestment of Yandex’s Russian assets. Led by tech visionary Arkady Volozh, the Amsterdam-headquartered entity retained thousands of top-tier cloud architects, AI engineers, and proprietary data center IP, launching as a pure-play AI infrastructure provider.
2025
Mäntsälä expansion and the European sovereign cloud
Nebius rapidly deployed state-of-the-art liquid-cooled data centers, notably expanding its flagship facility in Mäntsälä, Finland, and leasing capacity across France and the US. Utilizing custom hardware topologies and software stacks, Nebius established itself as Europe’s primary sovereign cloud alternative to American hyperscalers.
2026
NASDAQ trading resumption and full-scale scale-up
Following the resumption of trading on NASDAQ under ticker NBIS in late 2024, Nebius accelerated its hardware acquisition strategy. By July 2026, Nebius operated tens of thousands of Nvidia H200 and Blackwell GPUs, serving AI research labs, enterprise clients, and open-source foundation model builders across Europe and North America.
The Numbers
market cap $4.5B (July 2026)
revenue $320M (FY2025 annualized rate)
net income Reinvesting heavily in GPU capital expenditure
employees 1,400
ipo year 2024 (Trading resumed post-restructuring)
ipo price $10.25 (Post-split baseline)
current ceo Arkady Volozh
revenue forecast $750M (2026 analyst consensus)
Who Owns Nebius Group
Arkady Volozh & Family Trust
Founder retains voting dominance and strategic control
~28.0%
Institutional Index Funds & Tech Investors
Includes European private equity and global tech funds
~35.0%
Public Float (NASDAQ: NBIS)
Publicly traded common shares
~37.0%
Frequently Asked Questions
Who founded Nebius Group?
Nebius Group was founded by Arkady Volozh.
When was Nebius Group founded?
Nebius Group was founded in 2024.
Where was Nebius Group founded?
Nebius Group was headquartered in Amsterdam, Netherlands.
Why was Nebius Group created?
Nebius Group emerged in mid-2024 following the complex international divestment of Yandex’s Russian assets. Led by tech visionary Arkady Volozh, the Amsterdam-headquartered entity retained thousands of top-tier cloud architects, AI engineers, and proprietary data center IP, launching as a pure-play AI infrastructure provider.
What does Nebius Group do?
Europe’s answer to Silicon Valley neoclouds. Built on deep infrastructure engineering to power global AI compute. Nebius Group (NASDAQ: NBIS) is Europe’s premier $4.5B AI neocloud provider. Read the full history of Nebius, its Finland mega-data center, and its global expansion.
How did Nebius Group grow?
Following the resumption of trading on NASDAQ under ticker NBIS in late 2024, Nebius accelerated its hardware acquisition strategy. By July 2026, Nebius operated tens of thousands of Nvidia H200 and Blackwell GPUs, serving AI research labs, enterprise clients, and open-source foundation model builders across Europe and North America.
Who owns Nebius Group?
Arkady Volozh & Family Trust owns ~28.0%. Institutional Index Funds & Tech Investors owns ~35.0%. Public Float (NASDAQ: NBIS) owns ~37.0% (Founder retains voting dominance and strategic control)
How much of Nebius Group does Arkady Volozh & Family Trust own?
Arkady Volozh & Family Trust owns ~28.0% (Founder retains voting dominance and strategic control)
When did Nebius Group go public?
Nebius Group had its IPO in 2024 (Trading resumed post-restructuring), with an initial share price of $10.25 (Post-split baseline).
How many employees does Nebius Group have?
Nebius Group has approximately 1,400 employees.
What is Nebius Group's revenue?
Nebius Group generated $320M (FY2025 annualized rate) in revenue. Analysts forecast $750M (2026 analyst consensus).
What is Nebius Group's market cap?
Nebius Group has a market capitalisation of $4.5B (July 2026).
Who is the CEO of Nebius Group?
The current CEO of Nebius Group is Arkady Volozh.
Back to The Garage