Nebius Group announced a $643 million cash and stock deal to acquire Eigen AI, aiming to enhance its AI inference and optimization technologies within the Nebius Token Factory platform. This acquisition will improve performance, throughput, and cost efficiency for enterprise AI deployments by integrating Eigen AI's full-stack optimization expertise. Eigen AI's founding team will join Nebius and help expand its U.S. presence. The deal is expected to close soon, pending regulatory approval, positioning Nebius for stronger growth in AI infrastructure.
Nebius reported a strong Q1 2026 with revenue increasing 6.8 times to $399 million, primarily fueled by its AI Cloud business which now accounts for about 98% of total revenue. The company sees strong demand momentum, highlighted by a record sales pi...
Nasdaq announced the June 2026 quarterly rebalance of the Nasdaq-100 Index, effective before market open on June 22, 2026. Five companies—Astera Labs, CoreWeave, Nebius Group, Rocket Lab, and Teradyne—will be added to the index. Meanwhile, Charter Co...
