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33 Nebius in Talks to Buy Israeli AI Startup AI21 After Nvidia Deal Fizzles

The Information
Valida Pau @ The Information 2 place · today 17:39 EDT

Nebius in Talks to Buy Israeli AI Startup AI21 After Nvidia Deal Fizzles

Nebius, a cloud provider backed by Nvidia with a market cap of $32 billion, is in talks to buy Israeli-based AI startup AI21 Labs, according to people with knowledge of the deal.

The potential deal would help Amsterdam-based Nebius expand AI services for its customers beyond its main business of renting out servers. AI21 develops large language models and systems for enterprise agents. The Israeli-based startup, last valued at $1.4 billion in 2023, had discussed a sale to Nvidia last year, but the deal did

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