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$NBIS
Nebius agrees to acquire Eigen AI for $643M
Nebius (NBIS) said on Friday that it has agreed to acquire artificial intelligence company Eigen AI in a deal worth approximately $643M.
The acquisition will boost Nebius Token Factory as a “frontier managed inference platform for production AI,” Nebius said in a statement. After the deal closes, Eigen AI's inference and post-training optimization layers will be integrated into Nebius Token Factory, Nebius added.
In addition, it boosts Nebius' presence in the U.S., as Eigen AI’s founding team will establish a Nebius engineering and research presence in the San Francisco Bay Area.
“We are operating in a capacity-scarcity world where AI builders need optimized inference and infrastructure scale,” Roman Chernin, co-founder and Chief Business Officer of Nebius, said in the release.
The $643M price tag (which is subject to adjustments) will be paid out in a mix of cash and Nebius shares, Nebius added. The deal is expected to close in the coming weeks and is subject to certain customary conditions, including antitrust clearance.