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Nebius Stock Is Up 170% in 2026, and Leopold Aschenbrenner Just Bought a 5.6% Stake. Here's Why

Source: Motley Fool

2026-06-05 17:50:00 ET

Leopold Aschenbrenner, a prominent German AI researcher and investor who previously worked at OpenAI, recently acquired a 5.6% stake in the cloud-based AI infrastructure company Nebius (NASDAQ: NBIS) through his Situational Awareness fund.

That purchase might seem surprising, since Nebius' stock has already rallied nearly 170% this year and doesn't look like a bargain at 19 times this year's sales. Let's see why Aschenbrenner invested in Nebius -- and if it could soar even higher through the end of the year.

Image source: Getty Images.

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Nebius Group N.V.

NASDAQ: NBIS

NBIS Trading

-11.45% G/L:

$223.0289 Last:

11,164,586 Volume:

$246.86 Open:

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NBIS Stock Data

$21,856,009,597
206,940,385
N/A
777
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Software & IT Services
Technology
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