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Nebius Invests $643 Million to Acquire Eigen AI, Highlighting the Value of Inference Technology

Nebius Group, a Dutch cloud computing firm that separated from Russian internet giant Yandex in 2024, announced the acquisition of Eigen AI on May 1. The deal, worth around $643 million in a mix of stock and cash, secures a promising 20-person startup founded by former MIT HAN Lab researchers. This move underscores the growing importance of inference technology in the AI market, emphasizing strategic investment in specialized talent and innovation.

The Next Web
The Next Web