Nebius Group Explores Growth Strategies with Goldman Sachs

Nebius Group (NBIS) has released an update.

Nebius Group N.V., an Amsterdam-based AI infrastructure company, has engaged Goldman Sachs to explore strategic options aimed at enhancing their growth, including possible partnerships and investments. The firm, which boasts a robust cash position and is expanding its network of GPU clusters, is also in talks with Nasdaq to resume trading of its Class A shares. Nebius Group operates a cloud platform for AI workloads and owns diverse tech businesses, including an AI data partner, an edtech platform, and a team focusing on autonomous vehicles.

For further insights into NBIS stock, check out TipRanks’ Stock Analysis page.