Nebius Group announces private placement of $1 billion in aggregate principal amount of convertible notes

Amsterdam, June 2, 2025 — Nebius Group N.V. (“Nebius Group” or the “Company”; NASDAQ: NBIS), a leading AI infrastructure company, today announced that it has entered into definitive agreements for a private placement of senior unsecured convertible notes in an aggregate principal amount of $1 billion, in two tranches: $500,000,000 aggregate principal amount of 2.00% convertible notes due 2029 (the “2029 Notes”), and $500,000,000 aggregate principal … Continue reading Nebius Group announces private placement of $1 billion in aggregate principal amount of convertible notes

Impact Newswire12/06/202512/06/2025Leave a comment

Middle East

G42 and WWT Launch Forge42 to Accelerate “Made in the Emirates” AI Innovation

News – Middle East – In a major milestone for local innovation, G42, the Abu Dhabi based global technology group, and WWT (World Wide Technology), a leading U.S.-based systems integrator and technology solutions provider, today announced the launch of Forge42, a world-class artificial intelligence (AI) acceleration company. The new initiative was officially unveiled at “Make it in the Emirates”, the UAE’s premier manufacturing event, in … Continue reading G42 and WWT Launch Forge42 to Accelerate “Made in the Emirates” AI Innovation

Impact Newswire11/06/202511/06/2025

United States

Thread AI Secures $20M Series A to Transform Enterprise AI Workflows

Composable AI platform expands with new funding, enabling customers to deploy AI at scale NEW YORK – Thread AI, a leader in composable AI infrastructure, today announced it has raised $20 million in Series A funding led by Greycroft, with participation from Index Ventures, Scale Venture Partners, Plug-and-Play, Meritech Capital, and Homebrew. Founded by former Palantir executives Angela McNeal and Mayada Gonimah, Thread AI helps … Continue reading Thread AI Secures $20M Series A to Transform Enterprise AI Workflows

Impact Newswire09/06/202509/06/2025

Africa, Europe

IRCAI and Zindi announce winning solutions of the AI for Equity Challenge in collaboration with AWS

In a vast collaborative effort involving several key organisations and hundreds of AI engineers around the world, the winners of the challenge have developed innovative AI solutions to aid climate disaster relief efforts and manage waterborne disease outbreaks equitably. LISBON, 6 June 2025 – The International Research Centre on Artificial Intelligence (IRCAI), an organization under the auspices of UNESCO, data science platform Zindi, and the … Continue reading IRCAI and Zindi announce winning solutions of the AI for Equity Challenge in collaboration with AWS

Impact Newswire06/06/202506/06/2025

Middle East

Technology Innovation Institute and AI71 Collaborate with Amazon Web Services to Scale AI Innovations in the UAE and Beyond

The collaboration will expand global access to TII’s Falcon models and AI71’s enterprise AI products, with a focus on access, privacy, and automation tailored to industry needs Abu Dhabi, UAE – 21 May 2025: Abu Dhabi’s Technology Innovation Institute (TII), the creator of the globally ranked Falcon series of AI models and security and privacy solutions, as well as AI71, a leading Abu Dhabi AI company … Continue reading Technology Innovation Institute and AI71 Collaborate with Amazon Web Services to Scale AI Innovations in the UAE and Beyond

Impact Newswire26/05/202526/05/2025

Middle East, United States

Global Tech Alliance Launches Stargate UAE

News Release – 22 May 2025 – In a historic step forward for artificial intelligence and international collaboration, G42, OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco today announced their partnership to build Stargate UAE. Stargate UAE is a next-generation AI infrastructure cluster that will run in the newly established 5-gigawatt UAE–U.S. AI Campus in Abu Dhabi. Stargate UAE, a 1-gigawatt compute cluster, will be built … Continue reading Global Tech Alliance Launches Stargate UAE

Impact Newswire22/05/202522/05/2025

Europe

G42 and iGenius Unleash Groundbreaking AI Infrastructure in Europe

G42 and iGenius Join Forces to Deploy Europe’s Largest AI Compute Cluster 20 May 2025 – News Release – In a major step toward deepening the UAE-Italy strategic relations, G42, the leading AI technology group from Abu Dhabi, through its subsidiary Core42, today announced a strategic partnership with iGenius, a pioneer in AI models for highly regulated industries, to deliver the largest AI compute deployment in Europe. … Continue reading G42 and iGenius Unleash Groundbreaking AI Infrastructure in Europe

Impact Newswire21/05/202521/05/2025

Middle East

G42 and Cisco to Extend Strategic Partnership to Drive AI Innovation and Infrastructure Development

The MoU builds on G42’s growing ecosystem as it accelerates its efforts to scale AI infrastructure and innovation ABU DHABI, UAE – May 13, 2025 – G42, the UAE-based global technology group, today announced the signing of a Memorandum of Understanding (MoU) with Cisco, the global leader in networking and security, laying the groundwork for a strategic collaboration aimed at advancing artificial intelligence (AI) innovation and … Continue reading G42 and Cisco to Extend Strategic Partnership to Drive AI Innovation and Infrastructure Development

Impact Newswire15/05/202515/05/2025

Europe

Reigniting an Open, Bold & CollaborativeEuropean Digital Economy Amidst €200bn AI Ambitions

Berlin, Germany – 17 April 2025: With landmark initiatives announced to forge new frontiers in Europe’s digital sovereignty, including the €200bn AI pledge and unprecedented emphasis on quantum, cloud, semiconductors and data storage, a sense of urgency is sweeping across the continent to reimagine the status quo and reshape critical tech infrastructures. Perfectly timed to harness Europe’s inherent innovation prowess and catapult its position among … Continue reading Reigniting an Open, Bold & CollaborativeEuropean Digital Economy Amidst €200bn AI Ambitions

Impact Newswire04/05/202504/05/2025