1. Nebius, a new startup, has emerged from the ashes of Yandex, Russia's largest tech company. The company is aiming to become a leading provider of AI computing power in Europe, capitalizing on the talent and expertise that was previously part of Yandex. Nebius plans to offer cloud-based AI infrastructure and services to businesses and researchers, leveraging its team's experience in building and scaling large-scale AI systems.

2. The founders of Nebius have a strong background in AI and machine learning, having previously held key positions at Yandex. They are confident that they can replicate the success of Yandex's AI efforts and build a company that can compete with the likes of Amazon Web Services and Google Cloud in the European market. Nebius is focusing on developing specialized hardware and software solutions for AI workloads, aiming to provide a more efficient and cost-effective alternative to the offerings of the major cloud providers.

3. Nebius has already secured funding from European investors and is in the process of building out its infrastructure and team. The company plans to target a range of industries, including healthcare, finance, and automotive, where the demand for AI-powered solutions is growing rapidly. By positioning itself as a European-based AI compute provider, Nebius hopes to capitalize on the increasing focus on data sovereignty and the desire for homegrown technology solutions in the region.