HUMAIN and DataVolt x Nebius (Oxagon AI campus framework)

HUMAIN is Saudi Arabia's Public-Investment-Fund-backed national AI champion, building large-scale NVIDIA GPU AI factories. Launched in 2025, it deployed an initial 18,000 NVIDIA GB300 cluster and announced plans for up to 600,000 GPUs over three years across the Kingdom and the US, with up to 500 MW of power. It is neocloud-shaped but sovereign-directed.

Nebius Group is the Amsterdam-headquartered AI compute cloud that emerged in 2024 from the restructuring of Yandex N.V., after the Russian search company's founder Arkady Volozh divested the Russia-based businesses and kept the international assets. It trades on Nasdaq under NBIS and reported roughly $530 million in 2025 revenue, a figure the company has guided sharply higher as new capacity comes online. Alongside the core AI cloud sit adjacent holdings: autonomous-driving unit Avride, edtech TripleTen, and equity stakes in Toloka and ClickHouse. The operator sits in the training-first tier of the neocloud pack, positioning against CoreWeave and Crusoe with vertically integrated data centers rather than pure colocation. Its anchor site is a self-built campus in Mantsala, Finland, joined by a colocated GPU cluster at Equinix Paris, an under-construction cluster in Kansas City, Missouri, and a 300 MW campus rising in Vineland, New Jersey. In 2026 Nebius disclosed a multi-year capacity contract with Microsoft valued in the multi-billion-dollar range, and Nvidia committed a $2 billion strategic investment in March 2026, cementing its status as a preferred Nvidia partner across the Hopper and Blackwell generations. Distinctively for a neocloud, Nebius publishes on-demand and preemptible per-GPU-hour pricing directly on its site, ships a managed inference product it calls Token Factory, and pairs the raw compute business with a research and developer-programs arm inherited from its Yandex engineering roots. The February 2026 acquisition of AI search company Tavily for roughly $400 million signals a push up the stack into agent tooling rather than staying purely at the infrastructure layer.