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Benzinga

Business

Dylan Berman

REVEALED: What s going on with nebius shares monday | Vintage Vibes

Nebius Company Nasdaq

Nebius Group N.V. (NASDAQ:NBIS) shares are trading higher on Monday after the company announced it entered into a $700 million private placement financing agreement. Here’s what you need to know.

What To Know: The private placement aims to advance the company’s previously outlined plans to expand its comprehensive AI infrastructure, featuring large-scale GPU clusters, cloud platforms and developer-focused tools and services.

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