Nebius says struck deals with UK AI labs, welcomes non-compete changes

European AI infrastructure company Nebius says it has struck deals with a number of early-stage UK AI labs as it looks to accelerate its compute and infrastructure offering in the UK. Nebius, which is sometimes referred to as a neocloud, builds and operates data centres, packing them with GPUs, then offers access to these data centres to AI and enterprise companies needing compute power, as well as offering them specialised software to run AI applications. Earlier this year, Nebius announced a £