Nebius Group NV (NASDAQ:NBIS) is one of the best stocks to buy and hold for the next six months. On February 10, Nebius Group NV (NASDAQ:NBIS) reached an agreement to acquire Tavily. The acquisition gives the company access to a company that develops software that allows artificial intelligence agents to search for up-to-date information needed for financial trading and encryption.
Nebius must pay $275 million as part of the deal, which will also see Tavily founder and CEO Rotem Weiss join the company, according to people familiar with the matter. The acquisition will strengthen the company’s efforts to offer software for handling AI workloads while providing access to open source models.
Additionally, the acquisition will advance Nebius’ strategy to build a unified platform that enables vertical AI companies and enterprises to build, fine-tune and run autonomous agents. Leveraging Tavily’s agentic search solution, Nebius will also expand its integrated software stack that developers need to build and operate enterprise-grade agentic systems.
“This acquisition brings the search layer directly into our stack, so developers can focus on their applications instead of managing multiple vendors. Our strategy is clear: provide an open platform that serves everyone from startups to the largest enterprises and gives them the tools to control their AI destiny,” said Roman Chernin, co-founder and Chief Business Officer of Nebius:
Nebius Group NV (NASDAQ:NBIS) focuses on building a full-stack infrastructure for the artificial intelligence (AI) industry. It offers AI-native cloud computing, large-scale GPU clusters, and developer tools for training and running AI models.
While we recognize the potential of NBIS as an investment, we believe certain AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that will also benefit significantly from Trump-era tariffs and the onshoring trend, check out our free report on the best AI stocks for short term.
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Disclosure: None. This article was originally published on Insider monkey.
