- Nebius Group (NBIS, Financial) joins ClickHouse's Series C funding to bolster its AI infrastructure growth.
- The company plans to leverage non-core assets for securing billions in funding for its core business.
- Nebius aims to scale its revenue to multiple billions of dollars in the medium term.
Nebius Group (NBIS), a leading AI infrastructure company listed on Nasdaq, has announced its participation in ClickHouse's Series C funding round. Arkady Volozh, founder and CEO of Nebius, expressed confidence in ClickHouse's potential to scale and generate substantial shareholder value.
Nebius intends to utilize its non-core asset holdings, which are anticipated to provide billions of dollars in funding, to further develop its core AI infrastructure business. The company has a strategic focus on supporting the hypergrowth of its AI cloud platform, which is designed for intensive AI workloads.
With its proprietary cloud software architecture, in-house designed hardware, and a strong cash position, Nebius is positioned to meet the growing global demand for AI infrastructure solutions. The company aims to achieve medium-term revenue growth into the multiple billions of dollars, with a focus on maintaining strong and sustainable margins.
Headquartered in Amsterdam with R&D centers across Europe, North America, and Israel, Nebius continues to expand its footprint in the AI industry, leveraging both its core and non-core business initiatives.
