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Anushka Dutta

Nebius Stock Could Be a Buy in May as the Company Makes a Big Bet on U.S. Expansion

Nebius United States Meta Microsoft Wolfe Research

Artificial intelligence (AI) infrastructure company Nebius Group N.V. (NBIS) has agreed to acquire Eigen AI for $643 million. It is expected to be a solid addition to the company's newly established managed inference platform, Nebius Token Factory, as Eigen’s inference and post-training optimization layers will be integrated into Token Factory.

Also, the acquisition accelerates Nebius’ U.S. expansion, as Eigen’s founding team is set to establish Nebius engineering and research presence in the San Francisco Bay Area.

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