$NEBIUS(NBIS)$ This news about

$NEBIUS(NBIS)$ This news about the AI21 acquisition is quite positive.

According to reports from Calcalist and Globes, Nebius is directly taking over a significant portion of AI21's elite engineering core. It's more of an acquihire-style arrangement rather than purchasing a struggling corporate entity. These top-tier developers are moving directly into Nebius's expanded offices at the Acro Tower in Tel Aviv.

Regarding the pivot and partnership with "Maestro", Nebius didn't buy the software. They signed a commercial partnership worth tens of millions of dollars to become the core infrastructure backbone powering Maestro.

This gives Nebius the exact software agent capability they wanted for their "Token Factory" without taking on any corporate baggage.

So, instead of a $3B acquisition and the associated capex hit, they paid a relatively small amount for the expertise and the software platform.

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