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Nebius Stock Declines After Acquiring AI Startup Inferize

Nebius Group (NBIS) shares decreased by 1.5% after announcing the acquisition of Israeli AI startup Inferize. The acquisition aims to enhance the utilization of computing capacity, though financial terms were not disclosed. Calcalist reported the deal could be valued between $100 million and $150 million.

NBIS

Financial terms were not disclosed. Calcalist estimated the transaction at $100 million to $150 million…