Nebius Group 2024 Sustainability Report highlights importance of sustainability to long-term value creation in AI infrastructure
Prepared referencing European Sustainability Reporting Standards (ESRS), the report shows how Nebius embraces sustainability as a core element of its business strategy. This translates directly into competitive advantages including operational cost leadership through energy efficiency; regulatory readiness for emerging standards; and differentiation in an increasingly sustainability-conscious market.
John Boynton, Chairman of Nebius, said:
"Sustainability is not something we do on the side — it is integral to how we are building our business to be competitive. This is a strategic approach in which every efficiency gain we engineer into our infrastructure translates directly into better performance. When we save 10 GWh of energy through hardware optimization or achieve a PUE of 1.1 at our data centers, we are delivering superior economics that enable long-term value creation while reducing environmental impact."
The 2024 Sustainability Report shows how Nebius's strong performance across key sustainability metrics translates directly to business advantages. The company achieved approximately 20% lower TCO through infrastructure efficiencies, including resilient hardware design and energy efficiency solutions, while its custom-designed servers saved 10 GWh of energy in 2024 alone compared to off-the-shelf alternatives.
Nebius's flagship data center in Mäntsälä, Finland, showcases the company's approach to marrying high performance with outstanding efficiency in its infrastructure, including in-house designed hardware optimized for thermal management, water- and refrigerant-free air cooling, and recycling of server heat. The data center's innovative heat recovery system covers 65% of the local municipality's heating needs, transforming what other providers consider waste into a valuable community resource.
The Company's commitment to low-carbon operations is reflected in its energy sourcing, with 94% of electricity consumed coming from low-carbon sources. This results in a market-based emissions intensity of just 0.04 tCO₂-eq per 1 MWh of energy used — among the lowest reported in the technology sector. Nebius also recycled nearly 100% of its retired hardware, addressing growing concerns over e-waste as GPU generations evolve rapidly.
You can read more about Nebius's comprehensive approach to sustainability — including our approach to sustainable computing, social impact through educational initiatives, and how our highly performant infrastructure integrates the highest standards of security and reliability — in our 2024 Sustainability Report, available at https://nebius.com/sustainability.
About Nebius Group
Nebius (NASDAQ: NBIS) is a technology company building full-stack infrastructure to service the rapid growth of the global AI industry, including large-scale GPU clusters, cloud platforms, and tools and services for developers. Headquartered in Amsterdam and listed on Nasdaq, the company has a global footprint with R&D hubs across Europe, North America, and Israel.
Nebius's AI Cloud has been built from the ground up for intensive AI workloads. With proprietary software and hardware designed in-house, Nebius gives AI builders the compute, storage, managed services and tools they need to build, tune and run their models.
As well as its core AI infrastructure business, Nebius Group also operates additional businesses under their own distinctive brands:
Avride — one of the most experienced teams developing autonomous driving technology for self-driving cars and delivery robots.
TripleTen — a leading edtech player in the U.S. and certain other markets, re-skilling people for careers in tech. It also holds equity stakes in other businesses including ClickHouse (open-source column-oriented DBMS) and Toloka (a data partner for AI development).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
39 minutes ago
- Globe and Mail
Riot Platforms Swings to Q2 Profit
Riot Platforms (NASDAQ:RIOT) reported fiscal second quarter 2025 earnings on July 31, 2025. The company delivered $153 million in revenue, a 5% quarter-over-quarter revenue decline, but net income reached $219.5 million, reversing a GAAP net loss in the prior quarter, primarily due to a mark-to-market gain from Bitcoin (CRYPTO:BTC) appreciation. This summary extracts three distinct insights on Riot's pivot to data centers, operational improvements, and capital strategy, each with direct, unique investment implications. Riot Platforms accelerates shift to data center platform Riot began building its team and preparing for the development of high-performance computing (HPC) data centers, hiring Jonathan Gibbs as Chief Data Center Officer and amassing 858 acres at Corsicana to support up to 1 gigawatt of capacity. Their newly acquired hyperscale leadership and land position coincide with growing U.S. power demand and tightening lead times for data center development near Dallas and Austin. "With the hiring of Jonathan Gibbs, Riot's Chief Data Center Officer, and other highly capable professionals from the traditional data center industry, we find ourselves at the beginning of another exciting chapter in Riot's story. With this new capability, we are about to undergo the next step of our evolution as a company. With the ability to build and develop high-performance compute data centers, we will transform Riot by establishing a robust and scalable data center segment. Successful execution in this regard is Riot's top priority." -- Jason Les, CEO This shift positions Riot to capitalize on structurally higher valuation multiples in the data center sector, moving beyond Bitcoin mining cyclicality and securing a foothold in the rapidly expanding HPC infrastructure market. Operational gains drive Riot Platforms to industry-leading mining efficiency Riot increased self-mining hash rate by 5% quarter-over-quarter to 35.4 exahash even as the global network hash rate outpaced Riot's growth at 9% quarter-over-quarter. Riot produced 1,406 bitcoins, down slightly from 1,530 bitcoins in the previous quarter. Year-over-year, hash rate utilization rose from 61% to 87%, contributing to a 50% gross margin for the Bitcoin mining segment and placing Riot among the most operationally efficient miners in the sector. "Most notably, Riot's year-over-year hash rate utilization increased from 61% to 87%, demonstrating our strategic focus on improving operations across all of our sites, even as we significantly scaled our operations and now positioning us among the most efficient operators in the industry." -- Colin Yee, CFO This operational efficiency bolsters Riot's ability to generate consistent cash flows, funding strategic transitions. Bitcoin-driven liquidity enables Riot Platforms to fund data center expansion without dilutive equity raises Riot ended the quarter with $330 million in cash and over 19,000 bitcoins, representing $2.4 billion in liquidity, and implemented a $200 million Bitcoin-collateralized loan with Coinbase (NASDAQ:COIN). Proceeds from ongoing Bitcoin production sales and prudent capital allocation reduced reliance on at-the-market (ATM) equity issuance, aligning funding with shareholder value accretion. "We continue to sell our monthly Bitcoin production in order to finance our ongoing operations while raising additional funds via a $200 million Bitcoin collateralized financing facility with Coinbase, allowing us to reduce issuance of stock through our ATM and fund our multiple growth opportunities, driving long-term shareholder value creation." -- Jason Les, CEO This approach minimizes dilution risk and preserves ownership as Riot reallocates capital into growth segments with potentially higher returns than legacy mining. Looking Ahead Management raised self-mining hash rate guidance for fiscal fourth quarter 2025 from 38.4 exahash to 40 exahash, with guidance for fiscal first quarter 2026 set at 45 exahash, targeting maintenance of roughly a 4% global network share through 2026. Riot expects to complete the basis of design for its Corsicana data center by the end of fiscal third quarter 2025 (period ending Sept. 30, 2025), backed by already-secured delivery of 600-megawatt substation infrastructure and land assemblage to support up to 1 gigawatt of data center capacity. No explicit long-term revenue targets or lease signings were provided for the data center segment in this call. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,036%* — a market-crushing outperformance compared to 181% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. *Stock Advisor returns as of July 29, 2025
Globe and Mail
44 minutes ago
- Globe and Mail
Unlocking ROI in Medical Imaging: The Strategic Growth of the Global MRI Systems Market
"The key players profiled in the MRI systems market are Siemens Healthineers (Germany), GE HealthCare (US), Koninklijke Philips N.V. (Netherlands), FUJIFILM Corporation (Japan), Canon Inc. (Japan), Fonar Corporation (US)" Browse 226 market data Tables and 56 Figures spread through 259 Pages and in-depth TOC on "MRI Systems Market by Architecture (Open, Closed), Field Strength (High Field MRI Systems & Low Field MRI Systems), Design (Portable MRI Systems, Fixed/Stationary MRI Systems), End User (Hospitals, Diagnostic Clinic), Region - Global Forecast to 2030 Why MRI Systems Are a Smart Long-Term Investment As the healthcare industry undergoes a paradigm shift toward precision medicine and value-based care, Magnetic Resonance Imaging (MRI) has emerged as a cornerstone of diagnostic excellence. Forecasted to grow from USD 6.15 billion in 2024 to USD 9.01 billion by 2030, the MRI systems market offers robust opportunities for healthcare providers, OEMs, and strategic investors alike. For C-level executives, the MRI market represents more than just imaging hardware—it's a long-term investment in AI-enabled diagnostics, faster clinical workflows, and improved patient outcomes. With a CAGR of 6.5%, the sector is primed for innovation-led expansion and solid ROI. Market Snapshot: A Growing Industry with Predictable ROI 2024 Market Size: USD 6.15 Billion 2025 Projection: USD 6.56 Billion 2030 Forecast: USD 9.01 Billion CAGR: 6.5% (2024–2030) Driving Forces: Rise in neurological and musculoskeletal conditions Global aging population Increasing oncology imaging requirements Advancements in ultra-high-field MRI Favorable regulatory and reimbursement environments High-Value Applications: Brain & Neurological MRI Lead the Charge According to market research, brain and neurological MRI is the largest and fastest-growing application segment. This growth is driven by the surge in neurodegenerative disorders such as Alzheimer's, Parkinson's, epilepsy, and stroke. For hospital executives and diagnostic center owners, investing in neuro-MRI systems ensures better diagnostic precision, faster patient throughput, and enhanced clinical reputation—all critical ROI levers. Key ROI Insights: Faster diagnosis → Reduced inpatient days High diagnostic accuracy → Lower misdiagnosis risk Software upgrades → Extended equipment lifecycle Field Strength Matters: Ultra-High-Field MRI Is the Future The market is categorized by field strength: Low-to-mid-field High & very-high-field Ultra-high-field Among these, ultra-high-field MRI is experiencing the highest CAGR. These systems offer: Superior Signal-to-Noise Ratio (SNR) Enhanced contrast resolution Exceptional neuro and cardiovascular imaging As hospitals seek competitive clinical differentiation, ultra-high-field MRI investments will become a strategic priority. End User Analysis: Why Hospitals Dominate the Market Hospitals are currently the largest adopters of MRI systems and are expected to continue dominating. Their edge lies in: Access to capital investment budgets Integrated multi-specialty diagnostic care Alignment with value-based reimbursement models For CFOs and CIOs, the integration of MRI into enterprise imaging architecture ensures: Optimized resource allocation Predictable revenue from advanced imaging Better data utilization for AI algorithms Geographical Insights: North America Sets the Pace North America leads the global MRI systems market due to: Cutting-edge healthcare infrastructure Strong presence of OEMs and distributors Favorable regulatory and R&D support Healthcare providers in the U.S. are focusing on: High-throughput MRI centers Remote scanning capabilities Integration with AI and cloud-based radiology tools For OEMs and med-tech investors, the region is ripe for partnerships, pilot programs, and acquisitions. Request Sample Pages : Top Companies to Watch: Strategic Moves from Market Leaders 1. Siemens Healthineers (Germany) A frontrunner with a global manufacturing and R&D footprint, Siemens has deep investments in molecular imaging, AI-driven diagnostics, and portable MRI innovations. 2. GE HealthCare (US) GE's strategic growth is powered by inorganic acquisitions and global reach. Their solutions span molecular imaging, cardiac MRI, and biopharma integration. 3. Philips (Netherlands) Philips focuses on image-guided therapy, ultrasound integration, and cloud-connected platforms. Their Diagnosis & Treatment segment is a growth engine for MRI innovation. Other notable players: Canon Inc. (Japan) FUJIFILM Corporation (Japan) Fonar Corporation (US) Esaote S.p.A (Italy) United Imaging Healthcare (China) Innovation Trends: The Future of MRI is AI, Portability & Cloud Emerging innovation themes include: AI-enhanced image reconstruction Low-helium or helium-free systems Cloud-integrated radiology reporting Portable and point-of-care MRI Strategic Implications for C-suite: AI & ML tools embedded into MRI workflows can increase operational efficiency by 20–30% Cloud PACS integration ensures interoperability across multisite locations Portability introduces new revenue streams in mobile diagnostics and remote care What This Means for Healthcare Decision-Makers For CIOs, CFOs, and Clinical Executives, investing in MRI systems is no longer about hardware—it's a holistic ecosystem decision involving software, analytics, AI, and patient experience. Key Questions Executives Are Asking: How does MRI investment impact long-term patient retention and referral growth? Can we bundle MRI services with AI diagnostics for higher margins? What's the total cost of ownership (TCO) versus projected operational ROI? Conclusion: MRI Systems as a Strategic Differentiator in 2030 As demand for advanced diagnostic capabilities surges globally, MRI systems stand out as a high-impact, high-yield investment. With expanding clinical applications, regulatory support, and innovation momentum, this is an opportunity that healthcare leaders cannot afford to overlook. Whether you're managing hospital procurement, evaluating M&A options in the imaging space, or scaling a diagnostic chain, the MRI systems market offers sustainable ROI, technological resilience, and significant growth potential through 2030. For more information, Inquire Now!
Globe and Mail
2 hours ago
- Globe and Mail
Why Shares of Apple Are Falling Today
Key Points Apple reported strong results that easily beat consensus estimates. The company saw its best quarter of revenue growth since 2021. A renewed focus on tariffs and weak jobs data may be weighing on shares. 10 stocks we like better than Apple › Shares of the iconic consumer tech giant Apple (NASDAQ: AAPL) were trading nearly 2% lower at 12:05 p.m. ET today, after the company reported earnings results for its third quarter of fiscal year 2025. Shares had traded close to 3% higher earlier in the day before giving away the gains. A strong quarter Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Apple reported strong quarterly results, with earnings per share of $1.57 and revenue over $94 billion, easily topping Wall Street analyst expectations. In fact, year-over-year revenue growth of 10% is the highest the company has seen since 2021. iPhone sales surpassed $44.5 billion, compared to consensus estimates of roughly $89.5 billion. Apple also had $800 million in costs in the quarter due to tariffs. "It was an exceptional quarter by any measure," Apple's CEO Tim Cook told CNBC, adding that the company did see a boost from consumers trying to get ahead of tariffs. Looking ahead, Apple's management team guided for mid- to high-single-digit annual revenue growth in the company's fourth fiscal quarter. Services growth will rival the same 13% growth the company saw in the third quarter, while Apple expects gross margins to fall in the 46% to 47% range, inclusive of associated tariff costs. Perhaps offset by economic events It's possible that the strong quarter is being offset by President Donald Trump's renewed focus on tariffs or by the weak jobs data this morning, either of which could lead to the consumer eventually slowing down. I also think investors may want to know more about Apple's plans for artificial intelligence. Ultimately, I think the strong quarter bolsters Apple's case as a buy, but it's still not the most exciting stock in the Magnificent Seven right now. Should you invest $1,000 in Apple right now? Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $625,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,090,257!* Now, it's worth noting Stock Advisor's total average return is 1,036% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025
