Partner Interview
Published September 24, 2025
Nebius Group: Yandex History & NeoCloud Business
inpractise.com/articles/nebius-group-yandex-history-and-neocloud-business
Executive Bio
Former Product Manager at Nebius Group
Summary
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Interview Transcript
Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.
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So even though they were many time zones away, they were very familiar with Yandex?
Yes. Then, when the war happened, they took the most highly-rated engineers with them. There was a threshold above which they took people, so they took the top engineers from the best company in Russia.
This is a snippet of the transcript.to get full access.
Yes, that's totally fair. I didn't mean to discount their internal chips. Clearly, everyone wants to diversify away from Nvidia for obvious reasons. How much of a priority is it for a firm like Nebius to work with companies like AMD or other chip providers to help customers adopt and run workloads on other chips? Even though programs like CUDA are much more advanced and widely adopted than ROCm, which is open-source and allows the use of AMD's chips. It's in their interest to move away, but they're so dependent on Nvidia. Do they have any chance of diversifying away from Nvidia?
First of all, I do not believe that Nebius has that goal right now. Basically, they exist because Nvidia uses them as one of the distribution channels. NeoClouds exist because Nvidia wants them to exist, and they use them as a main distribution channel. In cases of CoreWeave and Nebius, one of the key investors is Nvidia, so they brought a lot of investors with them. That's the first thought.
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