It alsorecently announcedplans to build its first GPU cluster in the US.
This strategic financing gives us additional firepower to do it faster and on a larger scale.
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It will also deploy additional capacity through colocation.
Nebius core product is an AI-centric cloud platform for intense AI workloads.
The deal is not about the GPUs,Volozh told Bloomberg.

But, of course, it shows our close relationship, which we hope will influence our pipeline.
Investors are pouring huge sums of money into AI compute.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.