NasdaqGS:NBISSoftware
Nebius Group Refocuses On AI Software As Tavily Deal Draws Interest
Nebius Group (NasdaqGS:NBIS) has agreed to acquire Tavily, expanding its capabilities in software for AI agents used in areas such as financial trading and coding.
The company is repositioning from a hardware focused provider into a broader AI software and infrastructure platform.
BlackRock has taken a sizeable position in Nebius Group, alongside customer prepayments from large tech clients including Microsoft and Meta.
Nebius Group, trading at around $101.8, is involved in the AI...