Nebius Shares Drop 3% After Inferize Acquisition
Nebius Group (NASDAQ:NBIS) saw its shares fall 3% to $235.00 on Monday, following its acquisition of Inferize, an AI-cloud provider specializing in inference optimization. The deal aims to expedite AI model deployment for customers.
m. ET Monday. The business logic is straightforward: expensive GPUs earn nothing while waiting for models to load.