LOGO
LOGO

Intraday Alerts

Nebius Group Jumps 15% On New $700 Mln Investment From Private Investors

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Shares of Nebius Group N.V. (NBIS) jumped over 15% on Monday morning after the AI infrastructure company announced a private placement to raise $700 million from a group of investors that includes Nvidia (NVDA).

NBIS is currently trading at $25.50, up $3.51 or 15.98%, on the Nasdaq. The stock opened its trading at $26.00 after closing Friday at $21.99. The stock has traded between $14.09 and $27.90 in the past 52-week period.

Nebius announced that it has entered into definitive agreements for a $700 million private placement financing from a select group of institutional and accredited investors, including participation from Accel, NVIDIA, and certain accounts managed by Orbis Investments.

The financing supports Nebius' previously announced plans to further build out its full-stack AI infrastructure - including large-scale GPU clusters, cloud platforms and tools and services for developers - for AI pioneers globally.

For comments and feedback contact: editorial@rttnews.com

Business News

Looking to Invest in the Best Biotech Stocks? Subscribe to RTT Biotech Investor.
Global Economics Weekly Update - December 15-19, 2025

December 19, 2025 15:10 ET
U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.

RELATED NEWS