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864 CoreWeave’s Quiet Rival May Be the Better Bet

The Information
Anita Ramaswamy @ The Information · 03/27/2025 13:00 EDT

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.

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