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Nebius Group Invests in ClickHouse's Series C Funding
Nebius Group has confirmed its participation in ClickHouse's Series C funding round to bolster its core AI infrastructure business. The Amsterdam-based company, led by founder and CEO Arkady Volozh, aims to leverage non-core assets to generate substantial funding. This is intended to support the hypergrowth of its AI operations.
The Group plans to utilize its access to global capital markets and a strong cash position to sustain growth and meet increasing demand. Nebius aims to scale its business to multiple billions in revenue within the medium term, maintaining sustainable margins.
Beyond AI infrastructure, Nebius holds stakes in businesses like ClickHouse and Toloka, enhancing its financial strategy and positioning.
R. H.
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