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Toloka GenAI revenue growth in 2024

Company: Nebius

Subject kind
guidance
Statement date
2024-07-15
Promised by
2024-12-31
Current status
outcome unconfirmed

What the later record shows

Partly delivered

By October 2024 the company said GenAI data was now Toloka's primary source of revenue, expected to be 80%+ of 2024 revenue. No passage confirms that 2024 GenAI revenue actually grew multiple times.

“Pivoted to a new business model in 2023, focused on providing high - quality data for GenAI , now the primary source of revenue”
2024-10-17 · nebius 8-K exhibit (tm2426436d1_ex99-1.htm) View cached copy (2026-10-25)Live source ↗
“Core growth drive 80%+ of Toloka’s revenue in 2024 1 <20% of Toloka’s revenue in 2024 1 (1) Based on the expected full year 2024 revenue”
2024-10-17 · nebius 8-K exhibit (tm2426436d1_ex99-1.htm) View cached copy (2026-10-25)Live source ↗

Checked November 1, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Toloka forecasts its Generative AI offering will grow multiple times in 2024 and become its major source of revenue.

Source (primary)

nebius 8-K exhibit (tmb-20240716xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-01)Live source ↗

Quote: “Toloka's Generative AI offering is forecasted to grow multiple times this year, becoming Toloka's major source of revenue.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms nebius 8-K exhibit (tmb-20240716xex99d2.htm)

Quote: “Toloka's Generative AI offering is forecasted to grow multiple times this year, becoming Toloka's major source of revenue.”

View cached copy (2026-11-01)Live source ↗

Record of changes

November 1, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 1, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.