Nebius hits $30B market cap in 2 years, nearly 3x Yandex peak, says analyst
robleclerc · x · 2026-09-04
X user robleclerc argues that had Russia not invaded Ukraine, Russia might have had its own frontier lab. He praises Yandex's team, noting that its core team founded Nebius, which reached a market cap of $30B in less than two years, nearly 3x Yandex's peak ($10B). Nebius started with just $2.5B, a data center, GPU infrastructure, Avride, ClickHouse, Tokola, and 1,000 former Yandex employees. He believes Nebius is destined to become one of the great global tech companies and possibly Europe's biggest tech achievement.
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