Nebius Group (Nasdaq: NBIS), the cloud safety firm of former Yandex senior executives together with the founder Arkady Volozh, has been chosen by the Israel Innovation Authority to construct Israel’s supercomputer. The venture has an general finances of NIS 500 million together with a authorities grant of NIS 160 million from the Innovation Authority.
In accordance with the announcement of the Innovation Authority, the supercomputer can have 4 instances the processing energy required within the tender, with 16,000 petaflops, the unit of measurement for supercomputer efficiency. Nebius additionally pledged to supply discounted computing energy, double the quantity required, by early 2026. The variety of graphics processors to be positioned within the information heart was not disclosed, however the firm dedicated to “hundreds of processors with a finances of a whole bunch of hundreds of thousands of shekels.”
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In latest months, Nebius has been marked by analysts as a inventory with development potential, and a rival to AI server firm CoreWeave. Nebius is managed by an Israeli staff of former Yandex executives and operates partly from Israel. The corporate was based by Volozh, the founding father of the “Russian Google” Yandex, who took a daring stance towards Putin on the battle in Ukraine and has lived in Israel for the reason that invasion of Crimea in 2014.
After being successfully compelled to promote his holdings within the Yandex search engine and taxi and supply service in Russia to Kremlin associates, Volozh, along with former Yandex CEO Elena Bunina, who immigrated to Israel, based Nebius, now an organization that builds information facilities and rents house in present information facilities and rents them to tech corporations.
To distance himself from the Putin regime, Volozh constructed Nebius from scratch as a Dutch-Israeli firm, headquartered within the Netherlands and traded on the Nasdaq, utilizing the inventory change shell during which the Russian firm was beforehand traded, till buying and selling in it ceased days after Russia’s invasion of Ukraine. At first, this didn’t assist him: in Italy, the federal government refused to permit Nebius to function on account of considerations about hyperlinks with Russia. Nonetheless, over the previous 12 months, due partially to the worldwide urge for food for AI and the growing buy of processing servers for the sector, the corporate has been revived.
It’s believed Nebius and Volozh’s shut relationship with the highest executives at Nvidia has allowed the corporate to obtain precedence within the line for superior AI processors. On this tender, Nebius is providing the Innovation Authority 4,000 current-generation “Blackwell” graphics processors (B200). The Israel supercomputer will serve nationwide infrastructures akin to tutorial establishments and authorities authorities.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on Might 14, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
