MagicByte AI acquisition
Company: Nebius
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)
View cached copy (2026-09-01)Live source ↗
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
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states verbatim that Nebius acquired MagicByte AI (d/b/a Eigen AI Labs) and recognized $74.9M share-based compensation and $41.0M post-combination compensation in connection with it.
Confirmed in the source:
- Nebius acquired MagicByte AI, Inc., which does business as Eigen AI Labs
- $74.9 million of share-based compensation expense was recognized in connection with the MagicByte AI acquisition
- $41.0 million of post-combination compensation expense was recognized in connection with the MagicByte AI acquisition
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465926094844/nbis-20260812xex99d1.htm) in full (36,014 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
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)”