Nebius Group rises after AI investor's fund discloses stake
28/05/2026 10:33
BUZZ-Nebius Group rises after AI investor's fund discloses stake ** Shares of AI cloud firm Nebius Group NBIS.O climb 11% to $231.1 premarket
** Situational Awareness, a fund run by former OpenAI executive Leopold Aschenbrenner, discloses new stake in NBIS of more than 12.41 mln shares
** New stake is worth 5.6% of NBIS's outstanding shares, making the fund the biggest shareholder of the company, according to LSEG data
** Position is worth more than $2.58 bln as of last closing price of $208.37
** NBIS also buzzing among retail investors, with stock the #3 trending ticker on retail investor-focused forum Stocktwits on Thursday
** As of last close, NBIS shares have more than doubled YTD amid a broader AI rally on Wall Street.
(Reporting by Shashwat Chauhan in Bengaluru)