Nebius Group N.V. (NBIS) Presents at Citi's 2026 Global TMT Conference Transcript

SA Transcripts 162.13K Followers Follow Nebius Group N.V. ( NBIS ) Citi's 2026 Global TMT Conference September 9, 2026 10:50 AM EDT Company Participants Arkady Volozh - Founder, CEO & Non-Independent Executive Director Conference Call Participants Tyler Radke - Citigroup Inc., Research Division Presentation Tyler Radke Citigroup Inc., Research Division Okay. Good morning everybody we got a packed house Welcome to day 2 of the conference. Really pleased to have Nebius here. Speaking with us, we got Arkady Volozh, who's the Founder and CEO. I know there's been a lot of announcements and exciting news in your space. But Arkady, maybe for folks that are newer to the story, give us an overview, I think, of your background, which is also really interesting, but how you would position Nebius in kind of the AI landscape. Question-and-Answer Session Arkady Volozh Founder, CEO & Non-Independent Executive Director Nebius is a young start-up, a little bit more than 2 years old not so young by experience. It was formed with several hundred of very well educated and experienced engineers with a very small one small data center, 10 megawatts and some pocket cash of $2.5 billion. That was our initial state. That's how we separated from our previous company. And we started this business in summer 2004 (sic) [ 2024 ], understanding that with our experience of building big infrastructure projects, being a hyperscaler in the past, there is a new opening on the market. AI will need a lot of infrastructure to be built, and we know how to do it. And there's not too many other people, teams who know how to do it. And there is a business to do. And that's how we started [ $40 billion ] raised later, 5 gigawatt contracted later. We are now here a company with real business, real revenues, engineers, products, sales, marketing teams. What we actually are building is a