European AI infrastructure company Nebius, formerly known as Yandex N.V., has raised $700 million in a private placement to fund its expansion into the U.S. market. Key investors include Nvidia, Accel, and Orbis, with Nebius issuing 33.3 million Class A shares at a slight premium to their trading price.

The Netherlands-based company, which rebranded after divesting its Russian assets, is positioning itself as a full-stack provider for AI companies with data centers, GPU clusters, and related services. Nebius is expanding its footprint with a mix of co-location facilities and greenfield sites, including new operations in Kansas City and Paris, alongside its flagship data center in Finland.

With $3 billion in available capital, Nebius has also raised its revenue guidance, projecting an annualized run rate (ARR) of $750 million to $1 billion by the end of 2025. As part of the funding round, Accel’s Matt Weigand will join Nebius’s board as an observer, pending formal election in 2025.

The company’s ambitious growth plans highlight its strategy to compete with both established hyperscalers and private players like CoreWeave, leveraging Nvidia's support to fuel its infrastructure expansion and AI market leadership. 💡💻

BMW Motorrad has introduced the BMW R 12 S, a new addition to its Heritage range that pays homage to the iconic R 90 S from 1973. The R 12 S brings the spirit of the original into the modern era with advanced technology and refined design. Inspired by the legendary R 90 S Daytona Orange, the R 12 S features Lavaorange metallic paint, a handlebar-mounted cockpit fairing, and brushed aluminum surfaces, all complemented by retro touches like the red-laid "S" emblem.

The motorcycle includes high-quality equipment such as Option 719 Classic II wheels and the Comfort Package, which offers conveniences like Hill Start Control, heated grips, and cruise control. For added safety, the adaptive cornering lights in the Headlight Pro provide better visibility during night rides.

Customization is a key feature, with a wide range of accessories available, including titanium exhaust systems, short rear-end options, and digital micro-TFT displays. The BMW R 12 S not only celebrates the racing heritage of the R 90 S, known for its victories at Daytona and the Isle of Man TT, but also delivers a modern, sporty retro experience for today's riders.

Sif has manufactured the first of 54 monopiles for Equinor's Empire Wind 1 offshore wind farm at its expanded Maasvlakte 2 facility. This marks a major milestone for the 810 MW wind farm project off the coast of New York.

The EUR 328 million facility expansion began in February 2023, with Empire Offshore Wind investing EUR 50 million in advanced payments.

The facility aims to produce 200 monopiles annually as production ramps up.

Turbine delivery by Vestas is set for 2026, with completion expected by 2027.

Transition pieces are being produced in Sif’s Roermond facilities, while the South Brooklyn Marine Terminal will handle turbine staging and pre-assembly.

This achievement highlights Europe’s pivotal role in advancing global offshore wind energy projects. 🌍💨

Houston-based CO2 Energy Transition Corp., a special purpose acquisition company (SPAC) focused on carbon capture, utilization, and storage (CCUS), successfully raised $69 million in its initial public offering (IPO) on November 22. The company sold 6 million units at $10 each, including the full exercise of the underwriter’s option to buy an additional 900,000 units.

Each unit includes one share of common stock, a warrant to purchase a share at $11.50, and the right to one-eighth of a share under specific conditions. Targeting mid-sized CCUS companies valued between $150 million and $250 million, the SPAC aims to advance carbon reduction technologies in line with bipartisan legislative support.

Led by Brady Rogers, the company will use the IPO proceeds to explore opportunities in the CCUS sector. Rogers also serves as CEO of Carbon Capture Development Co. and president of Antelope Energy Partners LLC. Kingswood Capital Partners LLC acted as the sole underwriter for the offering.