Nebius Group Holds Significant Stake in AI Startup ClickHouse Ahead of Potential IPO
Nebius Group, the AI neocloud company that spun off from Yandex, retains a 28% stake in ClickHouse—a high-growth AI data analytics startup preparing for an initial public offering. The investment, acquired in 2021, positions Nebius alongside thousands of enterprise clients leveraging ClickHouse’s real-time analytics and machine learning capabilities for risk modeling and fraud detection.
Nebius’s Core cloud business has surged 618% since its Nasdaq debut last October, fueled by insatiable demand for AI infrastructure. Its strategic holdings, including autonomous vehicle unit Avride and now ClickHouse, underscore a deliberate pivot toward high-value AI adjacencies. ClickHouse’s proprietary data warehousing technology enables rapid processing of massive datasets, a critical edge in generative AI applications.
