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AMSTERDAM - Nebius (NASDAQ: NBIS), an AI infrastructure company, announced today the appointment of Marc Boroditsky as its new Chief Revenue Officer. Boroditsky brings extensive experience to the role, with a history of driving significant growth at technology firms such as Twilio, where he expanded the customer base and revenue substantially during his tenure. The appointment comes as Nebius demonstrates strong market momentum, with InvestingPro data showing an impressive 110% return over the past year and robust quarterly revenue of $161.4 million.
The CEO of Nebius, Arkady Volozh, expressed confidence in Boroditsky’s ability to scale the company’s revenue, citing his proven track record and expertise in global sales expansion. Boroditsky himself acknowledged Nebius’s potential in the AI infrastructure market and expressed enthusiasm for his new role in shaping the company’s go-to-market strategy. According to InvestingPro analysis, the company maintains a strong financial position with more cash than debt and a healthy current ratio of 18.0, suggesting solid operational flexibility for future growth initiatives.
Nebius, headquartered in Amsterdam, operates globally with research and development centers across Europe, North America, and Israel. The company specializes in creating full-stack infrastructure for the AI industry, including GPU clusters, an AI-native cloud platform, and developer tools and services. Nebius’s AI Cloud is designed specifically for AI workloads, featuring proprietary software and hardware. The company has achieved the status of Reference Platform NVIDIA Cloud Partner, highlighting its full-stack infrastructure capabilities aligned with NVIDIA’s Reference Architecture. With analysts projecting sales growth and setting price targets up to $60 per share, InvestingPro subscribers can access 12 additional key insights and a comprehensive Pro Research Report covering Nebius’s market position and growth potential.
The press release also contains forward-looking statements regarding Nebius’s future financial and business performance, growth expectations, and investment plans. These statements are subject to various risks and uncertainties that could cause actual results to differ materially from predictions.
This announcement is based on a press release statement from Nebius. The information presented reflects the company’s position as of today and does not constitute any endorsement of future performance or strategy. Investors are cautioned not to place undue reliance on these forward-looking statements, which are not guarantees of future performance.
In other recent news, Nebius Group reported a significant 385% year-over-year increase in revenue for the first quarter of 2025, reaching $55.3 million. This figure, although impressive, fell slightly short of the consensus estimate of $57.7 million. The company’s adjusted EBITDA loss improved by 12% to $62.6 million, while the net loss from continuing operations widened to $113.6 million. Despite these mixed financial results, DA Davidson analyst Alexander Platt raised the price target for Nebius Group shares to $50, maintaining a Buy rating due to the company’s robust earnings and strategic growth plans. Nebius Group’s management has confirmed their full-year core Annual Recurring Revenue (ARR) guidance, projecting revenues to reach mid-single-digit billions and surpass 1 gigawatt of capacity over the medium term. Additionally, Nebius Group announced a strategic investment in its AI data solutions business, Toloka, led by Bezos Expeditions and Shopify’s CTO, Mikhail Parakhin. This move is expected to boost Toloka’s growth and focus within the expanding AI data solutions market. These developments underscore Nebius Group’s ongoing efforts to scale its operations while managing financial risks effectively. The company’s performance and strategic initiatives have drawn attention from investors and analysts, highlighting its potential in the evolving cloud infrastructure landscape.
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