True Value
CoreWeave’s Quiet Rival May Be the Better Bet
Nebius, with fast growth and no debt, is taking a very different approach to building AI data centers.
CoreWeave, the AI–focused data center company set to go public Friday, is the hottest name in both finance and tech right now. Then there’s Nebius.
Nebius also builds data centers aimed at artificial intelligence. It is already listed, so there is no IPO fanfare. It is also growing fast and has almost no debt. The most surprising thing about Nebius is the long and winding path it took to get relisted on the market.
