Nebius operates a global, vertically integrated AI cloud platform purpose-built for enterprise-scale model training and inference, offering infrastructure spanning proprietary hardware design, owned and operated data centers, and AI-optimized software services. The company generates revenue through consumption-based GPU compute provisioning, managed services and software tools including MLOps capabilities, and token-based pricing for inference services, serving a diverse customer base that includes enterprises, software vendors, AI-native startups, research labs, and large-scale hyperscalers. Nebius differentiates itself through full-stack integration from silicon to software, energy-efficient data centers, in-house hardware engineering, and strategic partnerships, competing with both large cloud providers and specialized AI infrastructure companies.