Nebius Welcomes Bezos Expeditions as Lead Investor in AI Data Business Toloka

About this update from Nebius Group N.v.

[{"type":"list","items":[{"val":[{"type":"text","content":"Enables significant and rapid scaling of Toloka’s business to capitalize on substantial market opportunity in AI data","length":117,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Positions Toloka among top tier of AI data companies globally, backed by world-class strategic investors","length":104,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Secures long-term potential upside for Nebius shareholders from growth of Toloka’s business","length":91,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gives Toloka greater flexibility and independence in governance","length":63,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":375,"olType":false},{"type":"text","content":"AMSTERDAM, May 07, 2025--(BUSINESS WIRE)--Nebius Group ("Nebius" or "the Company"; NASDAQ: NBIS) today announced a strategic investment in Toloka, its AI data solutions business, led by Bezos Expeditions (the investment arm of Jeff Bezos) with participation from Mikhail Parakhin, CTO of Shopify.","length":316,"tagName":"p"},{"type":"text","content":"The investment marks a pivotal step in Toloka’s evolution, and will enable the company to scale rapidly and sharpen its strategic focus amid accelerating global demand for reliable, high-quality AI data solutions.","length":213,"tagName":"p"},{"type":"text","content":"Mikhail Parakhin will take up the role of Executive Chairman of Toloka’s newly constituted Board of Directors following the completion of the investment. The company’s executive management team will continue to be led by founder and CEO Olga Megorskaya, who will also join the new Board of Directors.","length":300,"tagName":"p"},{"type":"text","content":"Arkady Volozh, founder and CEO of Nebius Group, commented:","length":58,"tagName":"p"},{"type":"text","content":""Attracting world-class strategic investors like Jeff and Mikhail is a strong endorsement of the quality of Toloka’s business and leadership. As enthusiastic backers of Olga and the outstanding Toloka team since day one, we believe this is the best way for Toloka to accelerate its growth and capitalize on the enormous opportunities of the AI revolution. Nebius remains committed to Toloka’s long-term success, and we are excited to be part of what comes next.","length":466,"...

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