Strategic investment in Avride with Uber
Company: Nebius
The claim, verbatim
Nebius is providing up to $375 million in strategic investments and commercial commitments to Avride alongside Uber
Source (primary)
nebius 8-K exhibit (tm2529289d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “The transaction totals up to $375 million from Uber and Nebius”
How we checked this
Checked on September 29, 2026. The cited source supports part of this claim, but not all of it.
The $375 million figure is the combined total from Uber and Nebius together. The document does not say how much Nebius itself is contributing.
Confirmed in the source:
- Nebius and Uber are jointly making strategic investments and commercial commitments to Avride
- The combined transaction from Uber and Nebius totals up to $375 million
We could not confirm this from the cited source:
- Nebius on its own is providing up to $375 million; the document gives only the combined total for Uber and Nebius and does not say how it is split
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925101520/tm2529289d1_ex99-1.htm) in full (6,796 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2529289d1_ex99-1.htm)
Quote: “The transaction totals up to $375 million from Uber and Nebius”