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Nebius is unique among companies that call themselves startups. As it currently exists, is less than a year old; it’s also listed on NASDAQ as a publicly traded company with billions in cash on the balance sheet. Its hundreds of engineers have worked together for years building out digital infrastructure, but have been rapidly redeployed to focus on what founder Arkady Volozh has determined is the next generational opportunity: the cloud infrastructure needed to drive the AI transformation. Accel’s Matt Weigand sat down with CEO Arkady Volozh to talk about the journey to Nebius and what’s to come for the prolific founder. Arkady’s story is remarkable: he spent nearly three decades building his former company Yandex into the “Google of Russia” – valued at $30 billion at its peak – before divesting the company’s Russian assets and pivoting the remaining company into AI infrastructure. On this episode of Spotlight On, he also shares lessons on building teams, infrastructure, and across markets relevant for leaders at all stages. #vc #venturecapital #founder #entrepreneurs #tech #CEO #Nebius #yandex #ai #ArkadyVolozh #aiinfrastructure #leadership Season 3: This season, we’re digging into the parts of founding and building companies that people don’t often see: the firsts, the messy moments, and the key decision points that come after that initial founding phase. Great companies are built one decision at a time, so we’re asking the people doing the building: How do you make the decisions that matter? What are the tradeoffs? And would you do it the same way again? Spotlight On: Spotlight On is a podcast about how companies are built, from the people doing the building. Accel: Accel is a global venture capital firm that is the first partner to exceptional teams everywhere, from inception through all phases of private company growth. Atlassian, Bumble, CrowdStrike, Fiverr, Flipkart, Freshworks, Qualtrics, Scale, Segment, Slack, Spotify, Squarespace, Tenable, and UiPath are among the companies Accel has backed over the past 40+ years. We help ambitious entrepreneurs build iconic global businesses. Featured: Arkady Volozh, Founder and CEO of Nebius, and Matt Weigand, Partner at Accel 0:00 – The journey from Yandex to Nebius 9:27 – How Arkady pivoted people, operations, and capital into the AI infrastructure market 12:30 – Nebius’s surprise NASDAQ re-listing 14:20 – The secret to building infrastructure: technology and capital 16:28 – How Nebius is prioritizing markets 19:17 – Why Arkady starts with the team rather than product 21:40 – Nebius’s product portfolio strategy 28:36 – The best thing Arkady’s read recently to understand where AI is going Connect With Us: Website: https://www.accel.com/ Linkedin: / accel-vc Twitter: / accel Nebius's Arkady Volozh | Building the AI Era’s Infrastructure | S3E5 | Spotlight On | AccelVC / @accelvc