According to The Economic Times, on May 1, Amsterdam-based AI infrastructure firm Nebius announced it will acquire Eigen AI for approximately $643 million in cash and Class A shares. Eigen AI, founded by former MIT researchers, specializes in inference and optimization technology. Nebius plans to integrate Eigen AI’s technology into Token Factory, its managed inference service, with the deal expected to close in the coming weeks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Trump-Linked AI Financial Acquires Block Street for $43 Million
According to Fortune, AI Financial, a Trump family-linked cryptocurrency company formerly known as Alt5 Sigma, acquired Block Street, a crypto infrastructure firm, for $43 million last week. Matthew Morgan, an advisor to AI Financial and CEO of Block Street, stated the acquisition was not a
GateNews1m ago
Riot Shares Jump 8% After Expanding AMD Data Center Deal
Riot Platforms' shares rose 8% following the expansion of its AMD data center partnership and improved financing terms, reflecting the bitcoin miner's strategic pivot toward artificial intelligence and data center
GateNews2h ago
Minnesota Bans AI Non-Consensual Intimate Image Tools, Imposes Up to $500K Fines
According to Decrypt, Minnesota's legislature passed a bill on May 2 prohibiting websites and applications from providing AI tools that generate non-consensual intimate images of identifiable individuals. The law bars platforms from allowing users to access or use such "deepfake" tools, and bans
GateNews4h ago
ChatGPT Users Can Now Access Subscriptions on OpenClaw Platform, Sam Altman Announces
According to Sam Altman's announcement today, ChatGPT users can now log in to the OpenClaw agent platform using their ChatGPT accounts and directly access their existing ChatGPT subscriptions on the platform.
GateNews5h ago
xAI Launches Grok Custom Voices, Lets Users Clone Their Own AI Voice in One Minute
According to Beating, xAI launched Grok Custom Voices and Voice Library, allowing users to record one minute of audio in the xAI console to generate a custom voice_id for use with Grok TTS and Voice Agent APIs. The feature supports applications including customer service agents, content creation,
GateNews6h ago
After HBM, is the AI memory bottleneck HBF? Turing Award winner David Patterson: Inference will redefine storage architecture
Turing Award winner David Patterson said that as AI moves from training to large-scale inference, the next memory bottleneck may not be HBM, but HBF (high-bandwidth flash memory). HBF provides NAND Flash stacking for high capacity and low power consumption, handling the access to context and intermediate data during inference, which is different from the division of labor with speed-focused HBM. SK hynix and SanDisk are driving standardization, and they expect that by 2038, demand for HBF may surpass HBM.
ChainNewsAbmedia6h ago
