nebius AI Cloud Startup Nebius Resumes Nasdaq Trading After Yandex Restructuring Formerly known as Yandex N.V., Nebius now operates as an independent AI infrastructure company selling GPU-as-a-service after offloading its Russian assets.
russia Russia's Invasion of Ukraine Devastates Its Once-Promising Tech Industry The war in Ukraine triggers a massive brain drain and global isolation that effectively dismantles Russia's technology sector. Iconic companies like Yandex face fragmentation as tens of thousands of IT workers flee the country.
yandex Yandex Takes 73% Stake in Spun-Off Self-Driving Division Yandex and Uber agree to spin off their self-driving vehicles business into a new entity called Yandex SDG. Yandex increases its ownership to 73% and invests an additional $150 million into the autonomous driving technology.
yandex Yandex Takes Majority Control of Self-Driving Spinoff in $150 Million Deal Yandex and Uber spin off their joint self-driving vehicle business into a new entity called Yandex SDG. Yandex invests $150 million to secure a 73% stake in the newly independent autonomous driving company.