Nebius Group (NBIS) has released an update.
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Nebius Group announces a major expansion of its data center in Finland, tripling its capacity to 75 megawatts and positioning it to house up to 60,000 GPUs, with the potential to generate over $1 billion in annual revenue. The company’s investment in AI infrastructure in Europe will exceed $1 billion by mid-2025, including the deployment of cutting-edge NVIDIA GPUs and a focus on sustainable energy practices. This strategic development aims to meet the surging global demand for AI resources while emphasizing energy efficiency and environmental responsibility.
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