News

Reid Hoffman, the LinkedIn co-founder and prolific Silicon Valley investor, is making one of the boldest calls of his career on artificial intelligence. Speaking on “Money And Wealth With John Hope Bryant” in an episode titled “AI Is the Tsunami: Reid Hoffman on Jobs, Wealth & the Future of Work,” Hoffman argued that AI is ... LinkedIn Co-Founder: AI Will Give Everyone Free Lawyers, Doctors and Teachers Within Years

Nebius Group (NasdaqGS:NBIS) agreed to acquire Eigen AI for approximately US$643 million in cash and stock. The deal brings Eigen AI’s model optimization and inference technology into Nebius’s Token Factory managed inference platform. Eigen AI’s team will form Nebius’s first engineering and research hub in the San Francisco Bay Area. Nebius Group focuses on AI infrastructure, and this acquisition plugs directly into that core line of business by targeting model optimization and inference...

Both neocloud leaders stand to benefit from rising demand for AI computing power.

Nebius Group NV (NASDAQ:NBIS) is one of the 10 Stocks With Remarkable Gains. Nebius climbed by 11.76 percent on Friday to close at $154.49 apiece, as investors gobbled up shares following news that it would acquire startup company, Eigen AI, in a bid to support faster and more efficient AI models, while strengthening its presence […]

Nebius Rallies After Snapping Up Eigen AI in $643M Deal

A smart acquisition could bolster the AI cloud operator's expansion prospects.

NBIS is up 83% in 2026 and one of our top-performing picks

Eigen AI's stack delivers more inference per GPU without adding capacity

Deal aims to strengthen AI infrastructure platform

Nebius will acquire Eigen AI in a stock-and-cash deal to boost Nvidia chip performance for AI inference workloads.