Nebius announces agreement to acquire Tavily to add agentic search to its AI cloud platform

Core Insights - Nebius has announced an agreement to acquire Tavily, enhancing its AI cloud platform with agentic search capabilities, which is crucial for the rapidly growing agentic AI market [1] - The acquisition aims to create a unified platform for enterprises to build and operate autonomous AI agents, integrating real-time search infrastructure into Nebius's existing offerings [1] - The agentic AI market is projected to grow significantly, from approximately $7 billion in 2025 to between $140 billion and $200 billion by the early 2030s, indicating a compound annual growth rate exceeding 40% [1] Company Overview - Nebius is positioned as an AI cloud company focused on providing a full-stack platform for developers and enterprises to manage their AI initiatives, from data and model training to production deployment [1] - The company is listed on NASDAQ (NASDAQ: NBIS) and is headquartered in Amsterdam, serving a diverse range of clients including startups and Fortune 500 companies [1] Acquisition Details - The acquisition of Tavily will allow Nebius to enhance its software stack, providing developers with the necessary tools to create enterprise-grade agentic systems without relying on multiple vendors [1] - Tavily's technology will complement Nebius's existing offerings, particularly the Nebius Token Factory, which provides high-performance inference for AI agents [1] - The transaction is expected to close in the coming weeks, although the transaction value has not been disclosed [1] Market Potential - The agentic AI market is anticipated to see exponential growth as enterprises increasingly deploy autonomous AI systems, with Tavily's agentic search representing a critical capability in this landscape [1] - Tavily has achieved over 3 million monthly SDK downloads and serves a developer community of more than one million users, indicating strong product-market fit [1] - Major clients of Tavily include Fortune 500 companies such as IBM, showcasing its relevance across various industries including financial services and logistics [1]