Arkady Volozh

Money Moves

Says the business pays back its AI investments in about 22 months

Nebius Group signed a $3.5 billion secured loan with Citi on October 22 to pay for data centers and GPUs. The facility matures October 16, 2027, and its rate starts at 2.75 percentage points over the Term SOFR benchmark, rising 0.25 points every 90 days to a cap of 3.50.

Updated Oct 23

Money Moves

As of August 2026: Leading Nebius through repeated multi-billion-dollar debt raises

Nebius wants $4.5 billion in borrowed money to buy chips and pour concrete. On August 19, 2026, the Amsterdam AI cloud company launched a private sale of convertible notes, a kind of debt that can later turn into stock. Its shares fell about 13% the same day.

Updated Aug 19

Money Moves

As of June 2026: Leading the largest of the five newly added firms

Before the opening bell on Monday, the Nasdaq-100 dropped five companies and added five. The new members are all tied to the AI buildout: cloud provider CoreWeave, neocloud operator Nebius, chip-connector maker Astera Labs, rocket-launch firm Rocket Lab, and chip-test company Teradyne.

Updated Jun 22

Money Moves

As of June 2026: Leading Nebius's expansion into full-stack AI cloud services

Training an AI model is a one-time cost. Running it for millions of users, every day, is the bill that never stops. On June 16, 2026, Amsterdam-based cloud company Nebius closed a $643 million deal for Eigen AI, a 20-person U.S. startup whose only product is squeezing more answers out of each chip.

Updated Jun 16