Why Nebius Stock Is Up Today
Shares of Nebius (NASDAQ: NBIS) surged on Friday after the artificial intelligence (AI) infrastructure provider struck a deal to acquire model-optimization specialist Eigen AI.
Image source: Getty Images.
Eigen strives to make running AI models faster and cheaper by reducing compute and memory usage. Nebius plans to integrate Eigen's technology into its Token Factory managed inference platform, which enables developers to deploy, refine, and scale AI models.
Source Fool.com
