Nebius shares climb on Aschenbrenner fund investment
Shares of Nebius Group rose more than six percent after Situational Awareness disclosed a five percent stake worth two point six billion dollars. The fund run by former OpenAI employee Leopold Aschenbrenner is now the largest shareholder in the AI infrastructure firm following a period of rapid revenue growth.
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NEBIUS GROUP NV shares rose 6.4% on Thursday after Leopold Aschenbrenner's Situational Awareness fund disclosed a 5% stake worth $2.6B. The purchase makes the fund the largest shareholder in Amsterdam-based Nebius, an AI infrastructure firm. The disclosure marks a vote of confidence in the company as a key player in the AI infrastructure race.
