India, May 1 -- Friday, Nebius Group N.V. (NBIS) announced an agreement to acquire Eigen AI, an inference and model optimization company, for a consideration of approximately $643 million in a cash and stock deal.

The transaction is expected to strengthen Nebius Token Factory as a frontier managed inference platform for production AI, combining a battle-tested optimization stack with Nebius's global compute capacity and AI cloud platform, and will add elite inference research talent to the company's established in-house AI R&D capabilities.

"The integration of Eigen AI's optimization capabilities and founding team will establish Nebius Token Factory at the frontier of inference, offering customers market-leading model performance and unit...