Amsterdam-based AI firm Nebius Group secures 667M - Silicon Canals
Briefly

"The foundation of our business is our expertise in building advanced technology infrastructure. We have demonstrated the scale of our ambitions, initiating an AI infrastructure build-out across two continents."
"This strategic financing gives us additional firepower to do it faster and on a larger scale. I'm grateful to our investors for the trust they have placed in us - our team is ready to deliver."
"The authorisation to potentially repurchase shares was originally intended to provide legacy shareholders who wanted to exit our new business an opportunity to do so, especially in light of the prolonged suspension of trading."
Read at Silicon Canals
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