Jeff Bezos, via Bezos Expeditions, is making a HUGE statement in the AI world, leading a $72 million investment in AI data solutions firm Toloka. This move signifies Bezos’ confidence in Toloka’s potential to revolutionize AI infrastructure. Toloka, part of Nebius Group (Nasdaq-listed), already collaborates with giants like Amazon, Microsoft, and Anthropic.
Nebius, based in Amsterdam, was formed after a massive $5.4 billion deal following the Russian invasion of Ukraine. This separation allowed Toloka to pursue vital investments like Bezos’, previously blocked by sanctions.
Toloka CEO Olga Megorskaya calls the investment a “milestone,” especially for U.S. expansion and blending human expertise with AI. Shopify’s CTO, Mikhail Parakhin, joins Toloka’s board as executive chairman, highlighting the surging demand for top-tier AI data skills. Nebius will retain a major economic stake but cede voting control, empowering Toloka’s independence. Get ready for Toloka to shake up the AI landscape!