By Vladimir Kozlov in Cyprus Nebius, an AI firm formed as a result of a spinoff of Russian IT giant Yandex’ international business, has announced the launch of a new GPU cluster in Paris. The move comes as part of the company’s plans to invest more than $1bn by mid-2025 in AI infrastructure in Europe. “We work in a new industry which requires both deep technology and significant capital,’ Arkady Volozh, founder and CEO of Nebius, said in a statement shared with bne IntelliNews. ‘Our data centre in Finland already provides the latest high- performance compute, tools and services to AI developer…
