Nebius Raises $700 million Growth Round

Nebius has raised $700M in Growth Round funding led by Various. Nebius expands in UK with more NVIDIA-powered infrastructure, more customers, and more cloud capabilities for agentic and enterprise AI The funds will be used to Scale Nebius GPU cluster to 100,000 H100s for European AI sovereignty.

What it does

Nebius expands in UK with more NVIDIA-powered infrastructure, more customers, and more cloud capabilities for agentic and enterprise AI This addresses prediction: These Stocks Could Deliver Market-Beating Returns Over the Next Decade.

Traction

Wells Fargo more than doubles Micron price target to $1,220, citing AI memory boom The company is using its latest financing to scale, with the Growth Round round serving as the clearest current traction signal in the source bundle.

Trend impact

Prediction: These Stocks Could Deliver Market-Beating Returns Over the Next Decade As adoption in AI & Machine Learning expands, focused products from Nebius can pressure incumbents or broader platforms that do not address the same problem directly.

Funding history

• November 1, 2024 · Growth Round · $700 million · Various

Products & services

• Wells Fargo more than doubles Micron price target to capability
• AI memory boom - Crypto Briefing. Wells Fargo more than doubles Micron capability
• AI memory boom - Crypto Briefing capability
• Crypto Briefing Cantor Launches Nebius With Overweight and a capability
• Is This the AI Infrastructure Stock Nobody Is Talking About capability