Nebius Group Surges to 185th in Daily Rankings with 4.83 Billion Turnover

Generated by AI AgentAinvest Market Brief
Wednesday, May 7, 2025 8:00 pm ET1min read
NBIS--

On May 7, 2025, Nebius GroupNBIS-- (NBIS) saw a significant surge in trading volume, with a turnover of 4.83 billion, marking a 225.94% increase from the previous day. This placed NebiusNBIS-- at the 185th position in the daily stock market rankings. The stock price of Nebius Group rose by 9.62%, marking its second consecutive day of gains, with a total increase of 15.34% over the past two days.

Nebius Group's stock price experienced a notable increase today, driven by a strategic investment in its subsidiary, Toloka. The investment, led by Bezos Expeditions, the private investment office of Amazon founder Jeff Bezos, amounts to $72 million. This investment is set to allow Toloka to pursue its own strategic direction, creating long-term value while Nebius retains a significant majority economic stake.

Toloka, a data partner for AI development, uses a network of human specialists to evaluate and test AI models. This investment is expected to boost Nebius's value as Toloka enters a new phase of growth, partnering with well-known technology companies including Amazon and Shopify, along with AI developer Anthropic.

The investment by Bezos Expeditions and the participation of Mikhail Parakhin, CTO of Shopify, signals strong confidence in Toloka's potential. Following the finalization of the investment, Toloka will form a new board of directors, further solidifying its strategic direction and growth prospects.

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