Nebius Group stock jumps after Aschenbrenner stake disclosed

Investing.com -- Nebius Group NV (NASDAQ: NBIS) shares rose 11% Thursday after Situational Awareness, an investment firm founded by former OpenAI researcher Leopold Aschenbrenner, disclosed a 5.6% stake in the Dutch neocloud company.

The stake was revealed in a regulatory filing late Wednesday, marking another AI-focused investment for Aschenbrenner's firm.

Amsterdam-based Nebius builds data centers designed to train AI models and run services like ChatGPT.

You May Also Be Interested In

• Nscale targets up to $3B in US IPO as soon as September - Bloomberg
• Boeing names Ryan Shedd as new SVP and controller
• Goldman Sachs Downgrades AAC Technologies Holdings Inc. (2018:HK) (AACAY) to Neutral