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Nebius (NBIS) Stock: Company Buys Israeli AI Startup Inferize in $150 Million Deal
Summary
TLDR Nebius has acquired Israeli startup Inferize in a deal estimated at $100-150 million, though exact terms weren’t disclosed. Inferize built technology that cuts GPU idle time during AI model launches and demand spikes. The startup was only 10 months old and had just 17 employees at the time of...
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Economy: Nebius announced the acquisition of Israel's Inferize Startup, which specializes in technology to improve the performance of artificial intelligence systems.