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Nebius shares rise more than 5% in pre-market trading; it has recently completed the acquisition of artificial intelligence company Eigen AI

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Golden Finance reported that on June 18, AI cloud service provider Nebius (NBIS.US) continued to rise by 5.3% before the market opened, trading at $295.88. The stock surged more than 12% during yesterday’s trading session, peaking at $297.93 and setting a new all-time high. On the news front, Nebius recently announced that it has completed the acquisition of all shares of the AI company Eigen AI, with a total M&A consideration of $643 million. Through this acquisition, Nebius can strengthen its Nebius Token Factory product, consolidate its position in the industry of production-grade AI hosted inference platforms; on the other hand, it will address gaps in domestic R&D in the United States. Eigen AI’s core team will be based in the San Francisco Bay Area, building Nebius’ North America engineering and R&D center and improving the company’s dual-track R&D layout across Europe and the Americas.
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