AIThe Motley Foolabout 6 hours ago
Nebius Stock Up 170% in 2026, Aschenbrenner Buys 5.6% Stake
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Nebius stock has risen 170% in 2026. Leopold Aschenbrenner acquired a 5.6% stake in Nebius through his Situational Awareness fund. The company, formerly Yandex, rebranded in 2022 after Russia sanctions and now offers AI infrastructure services. Its revenue grew 351% to $530 million in 2025 and is projected to reach $21.2 billion by 2028 with a 242% CAGR.
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