Nebius
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techAI21 Labs Slashes Workforce by 60%, Pivots Entirely to Maestro Platform
The Israeli AI company cuts 110 jobs and abandons standalone language models, betting its future on the enterprise agent orchestration platform Maestro.
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techCoreWeave Beats Revenue Estimates as AI Demand Supercharges Cloud Business
CoreWeave tops Q1 revenue estimates, reporting $2.08B as AI demand drives its specialized cloud services.
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financeNebius Secures $4.3B in Debt to Fuel AI Infrastructure Push
European AI infrastructure leader Nebius raises $4.34 billion in convertible debt, backed by major deals with Meta and Nvidia, to fund its $20 billion capital spend through 2026.
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techNebius Targets $3.75B Convertible Loan Amid $29B in New AI Deals
Nebius, Europe's largest AI infrastructure firm, plans a $3.75 billion convertible loan to scale its AI cloud services following landmark deals with Meta and Nvidia.
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techMeta Eyes 20% Layoffs Amid Aggressive AI Spending
Meta Platforms may cut 20% of its 79,000-person workforce to offset $135B AI investment by 2026.
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techNebius Secures $27B AI Deal with Meta
Nebius Group signs landmark five-year agreement with Meta to deliver $12B in AI computing, with up to $27B total value. Expansion accelerates AI cloud growth.
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techMeta Stock Surges on Report of 20% Layoffs Amid AI Spending Push
Meta shares rise as reports surface of sweeping workforce cuts to fund massive AI investments and boost productivity.
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techNebius Secures $27 Billion AI Capacity Deal with Meta
Nebius Group signs a five-year agreement to deliver $12 billion in dedicated AI infrastructure to Meta Platforms across multiple global sites.