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Hi, below please find a suggested new draft of this page, updated for accuracy and relevance. The current article conflates Yandex and Nebius, and they are two separate companies. This proposed version below focuses entirely on Nebius as its own entity, and I have included more reliable sourcing:
Revision proposal
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Nebius Group N.V., headquartered in Amsterdam, is a technology company[2][3] that provides AI infrastructure.[4] The company also owns the technology companies Avride and TripleTen, as well as stakes in Toloka[5] and Clickhouse.[6] Nebius Group was formed in 2024 as a result of corporate restructuring of Yandex N.V. History[edit]Nebius was formed in 2024 as part of corporate restructuring of Yandex. In July 2024, due to international sanctions during the Russian invasion of Ukraine, the company sold Yandex to a consortium of Russian investors as part of a $5.4 billion deal took place to split the international and domestic Yandex assets,[7]. The businesses that operated outside of Russia were renamed Nebius Group,[8][9] a full-stack AI infrastructure company[10] with approximately 1,000 former Yandex employees.[9][6] In October 2024, following the complete split from Yandex, Nebius shares resumed trading on the Nasdaq.[11]
Nebius owns a data center in Mäntsälä, Finland,[14] a GPU cluster at an Equinix data center in Paris,[15][16][17] a GPU cluster at a data center in Kansas City, Missouri, under construction,[18][19] and a 300MW data center in Vineland, New Jersey, under construction.[20] Nebius also owns Avride and TripleTen,[5] and has stakes in Toloka and Clickhouse.[6] Nebius is headquartered in Amsterdam with offices in Israel and the United States.[10] References[edit]
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Thank you! Wikigracht (talk) 09:54, 24 June 2025 (UTC)
Comment: Some of the language in this draft sounds somewhat promotional. Encoded Talk 💬 15:47, 6 July 2025 (UTC)
- Encoded, thank you for looking this over. I tweaked some of the language based on your comment, and I'd appreciate you reviewing it again. I am happy for more feedback and further collaboration. Thanks Wikigracht (talk) 09:17, 10 July 2025 (UTC)
- Hi Encoded, I noticed that you're busy these days. After taking your feedback into account and seeing that there is no pushback on my suggestions, I made the changes. I'm open to further discussion. Thanks Wikigracht (talk) 16:00, 6 August 2025 (UTC)
- Encoded, thank you for looking this over. I tweaked some of the language based on your comment, and I'd appreciate you reviewing it again. I am happy for more feedback and further collaboration. Thanks Wikigracht (talk) 09:17, 10 July 2025 (UTC)
Clarifying Nebius, Yandex split
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I believe that a clarification is in order regarding some of the company history. Yandex was founded in 1997 (currently the page says 1989).[1]
Additionally, the second paragraph in the lead is redundant to the History section.
I suggest the following language for the History section, which explains the connection between Yandex and Nebius, and demonstrates that they are now two separate entities:
The predecessor to Nebius Group was Yandex N.V., the Dutch parent company of a Russian technology company Yandex, which began as a search engine in 1997.[2] In May 2011, Yandex raised $1.3 billion in an IPO on the NASDAQ.[3][4] In February 2022, the company's securities were suspended from trading on the NASDAQ due to international sanctions during the Russian invasion of the Ukraine.[5] In July 2024, Yandex N.V. sold all of its Russian assets to a consortium of Russian investors, retaining several businesses that operated outside of Russia.[6] This restructuring led to the creation of Nebius Group, focusing on infrastructure for artificial intelligence, with approximately over 1,000 former Yandex employees.[7] Yandex N.V. changed its name to Nebius Group N.V.,[8] with Arkady Volozh as CEO.[9] In October 2024, Nebius resumed trading on the NASDAQ.[10]
Encoded, would you mind taking a look here, as based on the references, the current article does not seem to factually represent Nebius? I am open to further discussion to clarify things.
References
- ^ Kramer, Andrew; Rusli, Evelyn M. (24 May 2011). "Yandex's Surge on Debut Stirs More Talk of Tech Bubble". nytimes.com.
- ^ Kramer, Andrew; Rusli, Evelyn M. (24 May 2011). "Yandex's Surge on Debut Stirs More Talk of Tech Bubble". nytimes.com.
- ^ Rusli, Evelyn M. (24 May 2011). "Yandex Shares Soar 55% in Market Debut". nytimes.com.
- ^ Krastev, Nikola (24 May 2011). "Russia's Top Internet Company, Yandex, Makes U.S. Debut With IPO". radiofreeeuurope.com.
- ^ "Nasdaq Tells Yandex, Other Russian Firms of Plan to Delist Stocks". reuters.com. 15 March 2023.
- ^ "Yandex NV Renamed Nebius Group After Russia Split". reuters.com. 16 August 2024.
- ^ Seddon, Max (16 July 2025). "Yandex Founder to Build AI Business in Europe After Russian Exit". ft.com.
- ^ "Yandex NV renamed Nebius Group after Russia split". reuters.com. 16 August 2024.
- ^ Bergen, Mark (10 January 2025). "He Built Russia's Biggest Tech Company. Now He's Starting Over—Without Putin". bloomberg.com.
- ^ Marrow, Andrew; Shekhawat, Jaiveer (18 October 2024). "Nebius Set to Resume Nasdaq Trading After Completing Split from Russia's Yandex". reuters.com.
Wikigracht (talk) 12:58, 16 September 2025 (UTC)
- @Wikigracht: I can see the source for Yandex starting in 1997, but don't see anything to source the foundation date for Yandex N.V. as the Dutch parent/holding company. STEMinfo (talk) 00:58, 24 September 2025 (UTC)
References
- ^ "Yandex to Fully Divest Russian Assets and Distribute Proceeds". bloomberg.com. 14 November 2023.
- ^ Court, Elsa (5 February 2024). "Dutch parent company of Russian tech giant Yandex to sell Russian assets". kyivindependent.com.
- ^ "United States Securities and Exchange Commission, Yandex N.V." sec.gov. 28 April 2011.
- Thanks, Wikigracht (talk) 19:58, 28 September 2025 (UTC)