The article spotlights Nebius Group, a fast-emerging AI data center company recently spun off from Russian tech giant Yandex and now listed on the Nasdaq. Nebius, with backing from Nvidia and Amazon founder Jeff Bezos, is gaining attention for its involvement in rolling out Nvidia’s cutting-edge Blackwell GPUs across Europe and the US. Reporting 466% year-over-year revenue growth in Q4 2024 and projections to potentially nearly tenfold its annual recurring revenue within a year, Nebius is seen as a high-potential investment as AI infrastructure demand soars. With an upcoming earnings report on May 20, the company is positioned at the intersection of rapid technological advancement and growing investor interest in AI-powered data centers.
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