Nebius Group (NBIS) Soars 14% on $643-Million AI Startup Takeover

Nebius Group NV (NASDAQ:NBIS) is one of the 10 Stocks Exploding in a Bleeding Market.

Nebius Group rallied for a second day on Monday, climbing 14.20 percent to close at $176.42 apiece, as investors resumed buying positions following news that it would acquire an AI startup company to complement its AI models, while positioning portfolios ahead of the results of its earnings performance.

In a notice to investors, Nebius Group NV (NASDAQ:NBIS) said that it would announce its financial and operating highlights before market open on Wednesday, May 13. A conference call will be held to elaborate on the results.

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Photo by Carol Gauthier on Shutterstock

In other news, Nebius Group NV (NASDAQ:NBIS) announced last week that it is set to acquire Eigen AI—a specialized startup focusing on Artificial Efficient Intelligence—for $643 million.

In a statement, Nebius Group NV (NASDAQ:NBIS) said that Eigen AI is expected to strengthen its Token Factory as a frontier managed inference platform for production AI, combining a battle-tested optimization stack with its global compute capacity and AI cloud platform. It will also add elite inference research talent to its in-house AI research and development capabilities.

Upon closing, Eigen AI’s inference and post-training optimization layers will be integrated directly into Nebius Token Factory, which provides enterprise-grade autoscaling endpoints and fine-tuning pipelines across all major open-source models.

“We are operating in a capacity-scarcity world where AI builders need optimized inference and infrastructure scale. The integration of Eigen AI’s optimization capabilities and founding team will establish Nebius Token Factory at the frontier of inference, offering customers market-leading model performance and unit economics with massive compute capacity to back it at scale,” said Nebius Group NV (NASDAQ:NBIS) Chief Business Officer Roman Chernin.

While we acknowledge the risk and potential of NBIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NBIS and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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