<ul><li>Nebius, an AI data center builder, has raised $700 million in funding through a private placement.</li><li>The funding round included contributions from Nvidia Corp., Accel, Orbis Investments, and other backers.</li><li>Nebius will use the capital to expand its data center capacity and optimize it for AI training and inference workloads.</li><li>The company plans to triple the capacity of an existing data center in Finland and open three additional facilities in Europe and North America.</li></ul>

AI data center builder Nebius raises $700M in funding

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