NasdaqGS:NBISSoftware
Nebius Weighs AI21 Labs Deal As CoreWeave Capacity Tests Growth Story
Nebius Group (NasdaqGS:NBIS) is in active talks to acquire Israeli AI firm AI21 Labs after Nvidia exited earlier negotiations.
The company is also expanding its AI infrastructure footprint through new data center capacity contracts with cloud specialist CoreWeave.
These developments come as Nebius shares trade at $144.96, following a 61.2% return year to date and a very large 1 year gain.
Nebius Group, ticker NasdaqGS:NBIS, is pursuing AI21 Labs at a time when its own share price sits at...