Yandex

Avride launches sidewalk delivery bots on Uber Eats in Jersey City

Uber Eats customers in Jersey City can now have their orders delivered by one of Avride’s autonomous sidewalk delivery robots. The launch, which kicked off this week in New Jersey, is Uber’s latest foray into autonomous vehicles and represents an expanding relationship with Avride. The ride-hail and delivery giant deploys AVs on its app in […]

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European AI infrastructure company Nebius nabs $700M from Nvidia, Accel, others

Nebius, the publicly-traded European AI infrastructure company formerly known as Yandex N.V., has raised $700 million in financing to power its U.S. expansion. The financing included “dozens of very well known investors,” Nebius CEO Arkady Volozh (pictured above) told TechCrunch in a press briefing today. While all the names will be revealed when the paperwork

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The curious case of Nebius, the publicly traded AI infrastructure ‘startup’

On October 21, a new ticker opened to Nasdaq traders: NBIS, a truncation of Nebius, a fledgling player in the AI cloud infrastructure space. Casual observers could be forgiven for wondering where this company had come from, as there had been little in the way of the usual fanfare that surrounds most startups’ journey to

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Nebius to resume Nasdaq trading after severing ties with Russia and Yandex

Nebius, the company formerly known as Yandex that’s now focused on cloud infrastructure for AI uses (aka “AI compute”), is to begin trading on the public markets once again — more than two years after the Nasdaq halted trading due to economic sanctions imposed in the wake of Russia’s Ukraine invasion in 2022. The Netherlands-based company

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From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader

When is a startup not a startup? When it’s a public company with 1,300 employees and $2.5 billion in capital. If that failed to conjure so much as a smile, that’s because it’s not a joke — it’s very much the reality for Nebius, a fledgling AI infrastructure business that has emerged from the ashes

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