// THEMES ARE THE NEW FUNDAMENTAL
Others: NBIS = Software.
Us: NBIS = 10 Themes.
Sectors are codes. Themes move money.
NBIS
Nebius Group N.V.
Nebius 'provides managed Kubernetes clusters, Slurm orchestration, and integrated MLOps tools,' which are AI developer tools and MLOps services supplied to customers.
Nebius 'builds and sells software platforms for enterprise AI deployment, specifically its Nebius Token Factory inference platform,'
Nebius supplies GPU infrastructure and AI cloud platform, a direct necessary input for agentic AI, and it is 'hard-to-substitute' due to full-stack integration, deep NVIDIA collaboration, and multi-year contracts, with a…
Avride, a subsidiary, 'develops and operates autonomous driving technology for self-driving cars and delivery robots,'
Avride 'develops and operates autonomous driving technology,' which includes software stacks for autonomous vehicles.
Avride's 'robotaxi deal with Uber' and 'multiyear strategic partnership with Uber for robotaxi services,'
'Nebius Group owns and operates a growing global network of AI-optimized data centers,'
Nebius 'builds and operates a full-stack AI cloud platform' and has 'Nebius AI Cloud for AI infrastructure and cloud services,'
Avride develops autonomous driving technology for self-driving cars and delivery robots, involving AI systems for real-time autonomous decisions in robotics.
TripleTen 'operates an edtech platform' offering courses
10 themes — 9 nucleus, 1 orbit
// WHAT'S A THEME?
Sectors are labels. Themes are the market's voice — and every regime speaks differently.
Themes are the market's living hypotheses — blending operational reality with forward narrative to show where capital is moving now, not where it's been.
A company belongs to one Sector. It can live inside many Themes — and its weight in each shifts as the market evolves and capital moves.