Nebius, an AI cloud provider listed on Nasdaq under the ticker NBIS, has acquired Inferize. The company aims to improve GPU utilization and reduce inference costs for its Token Factory platform by optimizing hardware performance.

Token Factory is a production inference service that supports open-source AI models. It maintains a 99.9% uptime guarantee and holds compliance certifications including SOC 2, ISO, and HIPAA.

This acquisition follows the purchase of Eigen AI, a firm legally known as MagicByte, Inc. Nebius announced the deal on May 1, 2026, and finalized it on June 10, 2026, following regulatory approval.

The acquisition of Eigen AI was valued at approximately $643 million, settled through a combination of cash and Class A shares. The company utilized its rising stock price to fund the transaction.

Eigen AI specializes in model and kernel optimization. Technologies developed by the firm in collaboration with Nebius previously achieved top rankings in Artificial Analysis benchmarks.

Nebius has experienced significant growth in 2026, driven by increased demand for AI infrastructure. The company has successfully secured a position in the Nasdaq-100 index.