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

• Tenable Holdings, Inc. (TENB) to Join S&P SmallCap 600
• Guggenheim Reiterates Buy Rating on Spyre (SYRE)
• Goldman Sachs Downgrades Poly Property Services Co Ltd (6049:HK) to Neutral