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'Russia’s Google’ exits the country — Yandex plans to rebuild with Nvidia GPUs now that it's free from sanctions

The Russian-founded tech giant Yandex has left Russia after finalizing one of the country’s most significant foreign corporate exits since the Russo-Ukraine war started. Reuters reports that Russian investors acquired the last of Yandex’s Russian assets, and the company has rebranded itself as the Dutch-based Nebius Group. The company, which had been banned from procuring Nvidia GPUs due to US sanctions against Russia, is now working to triple its data center deployments of Nvidia chips.The deal...

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