Dutch AI cloud firm Nebius to acquire Israeli startup Tavily
JERUSALEM, Feb. 10 (Xinhua) -- Dutch-based AI cloud company Nebius said on Tuesday it had agreed to acquire Israeli AI startup Tavily, according to a joint statement of the two companies.
Financial terms were not disclosed, though Israeli media reported the deal was valued at about 275 million U.S. dollars, rising to as much as 400 million dollars if performance targets are met.
Nebius, which is listed on