Nebius Group gains from AI demand, secures big deals, and plans growth with $643M Eigen AI buy.

Nebius Group N.V. is benefiting significantly from rising demand for AI infrastructure, landing major contracts with Meta and Nvidia amid capacity limits at hyperscalers. Its $643 million acquisition of Eigen AI, mostly paid in stock, positions Nebius as a leader in open-source AI and improves token economics for clients. The company’s strong financial management and access to lower-cost financing provide flexibility for further acquisitions, setting it apart from more leveraged competitors. Analysts maintain a Buy rating, citing strong revenue visibility through 2030 and an attractive valuation, with expectations of a market breakout and growth phase ahead.