Nebius Announces Acquisition of Eigen AI, Driving Stock Higher
Nebius (NBIS) shares surged 11.86% after announcing the acquisition of Eigen AI for $643 million in cash and stock. The deal aims to integrate Eigen's model-optimization technology into Nebius' AI infrastructure, enhancing efficiency and reducing costs. The acquisition is expected to close soon, subject to regulatory approval.
Tickers: $NBIS
Topics: acquisition AI infrastructure AI optimization Eigen AI Nebius