Nebius Talks AI21 Deal As Full Stack AI Ambitions Meet Valuation

Nebius Group (NasdaqGS:NBIS) is reportedly in advanced talks to acquire Israeli AI startup AI21 Labs. The potential deal follows AI21 Labs' unsuccessful merger discussions with Nvidia. The move would extend Nebius beyond AI infrastructure into full stack AI and software. Nebius Group, trading at around $144.97, has seen very strong share price momentum, with the stock up 33.2% over the past week, 28.3% over the past month and 61.2% year to date. Over the past year, the share price has risen...