Nebius Surges After Ex-OpenAI Employee's Fund Discloses Stake
Nebius, an AI cloud provider spun out of Yandex, surged nearly 11% premarket after Situational Awareness disclosed a significant stake in the company. The hedge fund now owns over 5.6% of Nebius through its ownership of more than 12 million Class A shares.
Topics: AI cloud_computing investor_disclosure