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MagicByte AI acquisition

Company: Nebius

Subject kind
acquisition
Statement date
2026-08-11
Current status
stated

The claim, verbatim

Acquired MagicByte AI, Inc. (operating as Eigen AI Labs), recognizing $74.9 million share-based compensation and $41.0 million post-combination compensation

Source (primary)

nebius 8-K exhibit (nbis-20260812xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “$74.9 million of share-based compensation expense and $41.0 million of post-combination compensation expense recognized in connection with the acquisition of MagicByte AI, Inc. (d/b/a Eigen AI Labs)”

How we checked this

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Additional evidence

confirms nebius 8-K exhibit (nbis-20260812xex99d1.htm)

Quote: “$74.9 million of share-based compensation expense and $41.0 million of post-combination compensation expense recognized in connection with the acquisition of MagicByte AI, Inc. (d/b/a Eigen AI Labs)”

View cached copy (2026-09-01)Live source ↗