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A founder lays GPU chips like bricks into a rising tower labeled NEBIUS while the old YANDEX building burns behind him; a tuxedo cat naps on the GPU crates.
“HE LOST AN EMPIRE. BUILT ANOTHER FROM GPUS.”

Arkady Volozh

YANDEX → NEBIUS → GIGAWATTS

UPDATED Oct 5, 2026

THE DEAL

Volozh built Russian-language search before the Russian web existed, ran Yandex for two decades, stepped out in 2022 — and returned at the head of Nebius, rebuilding the shell around GPU clouds.

SOURCES: YandexNebiusNebiusNebiusNebius

AT A GLANCE

EDUCATION
Gubkin Institute of Oil and Gas · Applied mathematicsNebius

THE ARCHIVE

History · cartoons · headlines
THE TIMELINE8 sourced events

THE YANDEX EXILE REBUILDING AN AI EMPIRE AS NEBIUS

Volozh built Russian-language search before the Russian web existed, ran Yandex for two decades, stepped out in 2022 — and returned at the head of Nebius, rebuilding the shell around GPU clouds. Microsoft and Meta have since booked billions in capacity.

  1. 1993

    THE SEARCH ENGINE GETS A NAME: YANDEX

    While Volozh and Ilya Segalovich were developing search technology at Arkadia, the project acquired the name Yandex. Arkadia later became part of CompTek, which incubated the search engine before the standalone Yandex company was registered.

    SOURCES: Yandexfirst-party

  2. 2000

    HE TAKES THE WHEEL AT YANDEX

    Nebius's board biography says Volozh moved from CompTek International to become Yandex CEO and served as group chief executive and executive director from 2000 through 2022.

    SOURCES: Nebiusfirst-party

  3. 2022

    THE TWO-DECADE CEO RUN STOPS

    Volozh left the group's chief-executive and executive-director roles in 2022, ending a run that had begun in 2000.

    SOURCES: Nebiusfirst-party

  4. Sep 25, 2024

    HE RETURNS WITH A BILLION-DOLLAR EUROPEAN AI BUILDOUT

    After resuming office in 2024 as founder and CEO of Nebius, Volozh announced plans to invest more than $1 billion in European AI infrastructure, including a new Paris GPU cluster.

    SOURCES: Nebiusfirst-partyNebiusfirst-party

  5. Sep 8, 2025

    MICROSOFT SIGNS THE NEW AI CLOUD TO A MULTI-BILLION-DOLLAR DEAL

    Nebius announced a multi-year agreement to deliver dedicated AI infrastructure capacity to Microsoft from a new New Jersey data center.

    SOURCES: Nebiusfirst-party

  6. Mar 3, 2026

    NEBIUS GETS A 1.2-GIGAWATT MISSOURI AI FACTORY

    Local approval cleared Nebius to proceed with an Independence, Missouri AI-factory campus with potential capacity of up to 1.2 GW.

    SOURCES: Nebiusfirst-party

  7. Mar 16, 2026

    META BOOKS BILLIONS MORE OF NEBIUS CAPACITY

    Nebius signed a five-year agreement to provide Meta $12 billion of dedicated AI capacity, with additional compute purchases potentially taking the commitment higher.

    SOURCES: Nebiusfirst-party

KNOWN ASSOCIATES2 other files