Arkady Volozh

Money Moves

Leading Nebius through repeated multi-billion-dollar debt raises

Nebius wants $4.5 billion in borrowed money to buy chips and pour concrete. On August 19, 2026, the Amsterdam AI cloud company launched a private sale of convertible notes, a kind of debt that can later turn into stock. Its shares fell about 13% the same day.

Updated Aug 19

Money Moves

Leading the largest of the five newly added firms

Before the opening bell on Monday, the Nasdaq-100 dropped five companies and added five. The new members are all tied to the AI buildout: cloud provider CoreWeave, neocloud operator Nebius, chip-connector maker Astera Labs, rocket-launch firm Rocket Lab, and chip-test company Teradyne.

Updated Jun 22

Money Moves

Leading Nebius's expansion into full-stack AI cloud services

Training an AI model is a one-time cost. Running it for millions of users, every day, is the bill that never stops. On June 16, 2026, Amsterdam-based cloud company Nebius closed a $643 million deal for Eigen AI, a 20-person U.S. startup whose only product is squeezing more answers out of each chip.

Updated Jun 16