Selectel Allocates 25 ₽ Billion for AI Infrastructure Expansion
Selectel plans to invest 25 ₽ billion in its AI ecosystem by 2031, driven by a 2.6x increase in cloud GPU revenue over the first nine months of 2026.
Selectel plans to invest 25 ₽ billion in its AI ecosystem by 2031, driven by a 2.6x increase in cloud GPU revenue over the first nine months of 2026.
The Russian cloud AI services market reached 65.5 ₽ billion in 2025, driven by significant growth in GPU infrastructure and AI/ML platform adoption.
Selectel has launched a suite of seven managed PaaS solutions for big data, enabling companies to build scalable analytical platforms without significant capital investment.
Selectel has expanded its AI platform with new inference services, offering businesses pay-per-token access to open-weight models and infrastructure for deploying proprietary solutions.
Selectel has raised 10 ₽ billion through a dual bond offering on the Moscow Exchange, doubling the initial target due to significant investor demand.
Selectel has launched a managed PGVector service to streamline the development of AI applications and vector data management.
Selectel plans to raise 5 ₽ billion through two new bond issues with a 3.5-year maturity to fund its investment program.
Selectel has acquired cloud provider M1Cloud for up to 2.6 ₽ billion to expand its private cloud infrastructure and service portfolio.

Selectel has acquired cloud provider M1Cloud for up to 2.6 ₽ billion to expand its infrastructure services and market presence.

Building an in-house mobile testing lab for 300 devices costs 32 ₽ million over two years, while a cloud-based alternative requires 14.4 ₽ million.
