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Nebius

Runs GPU clouds for AI training and deployment

Data Center Project Development Manager

Full-TimeUpdated on 10/15/2026
No salary listed
Senior, Expert
Bachelor's
Singapore
In Person
Architecture & Civil EngineeringConstruction Management

About the job

Requirements
  • At least 8 years of experience in data center development, industrial development, infrastructure development, land development, or mission-critical projects.
  • Experience managing permitting, entitlement, utility coordination, consultant management, and development planning activities.
  • Strong understanding of infrastructure development, owner's budgeting, development scheduling, risk management, and pre-construction planning.
  • Experience coordinating multidisciplinary teams across engineering, utilities, design, legal, and construction.
  • A bachelor's degree in Civil Engineering, Construction Management, Architecture, Real Estate Development, Urban Planning, or a related discipline, or equivalent experience.
  • Applicants must be authorized to work in the country in which they apply and must provide proof of employment eligibility as a condition of hire.
Responsibilities
  • Lead AI infrastructure projects from executed agreement through construction readiness.
  • Own integrated development roadmaps, schedules, budgets, milestones, and the pre-construction risk register.
  • Coordinate permitting, entitlement, utility planning, infrastructure planning, and owner obligations.
  • Recommend Go / No-Go decisions as projects advance through development milestones.
  • Deliver development-ready projects to the Delivery organization with complete documentation and minimized risk.
  • Develop and manage integrated development roadmaps, schedules, budgets, and key milestones.
  • Own development budgets, schedules, assumptions, and risk registers throughout the pre-construction lifecycle.
  • Lead weekly development reviews and executive readiness meetings, and recommend Go / No-Go decisions as projects advance through key milestones.
  • Coordinate infrastructure planning for electrical service, substations, fiber, water, sewer, stormwater, and transportation access.
  • Partner with utility providers, municipalities, engineering teams, and consultants to validate executable development plans.
  • Ensure infrastructure assumptions are fully integrated into project budgets and schedules.
  • Establish development readiness criteria and project handoff standards.
  • Verify permits, utility agreements, infrastructure planning, owner deliverables, and development obligations are complete before turnover.
  • Deliver projects to the Delivery organization with complete documentation, defined scope, and minimized development risk.
  • Identify and resolve development risks before they impact construction.
  • Serve as the primary development interface across Site Selection, Technical Due Diligence, Engineering, Energy, Finance, Legal, and Delivery.
  • Coordinate architects, civil engineers, environmental consultants, surveyors, permitting specialists, and other external partners.
  • Align internal stakeholders and external consultants to prevent scope, schedule, and cost drift throughout development.
  • Help build standards and processes for the Infrastructure Acquisition Group as it scales.
Desired Qualifications
  • Experience supporting hyperscale data center or AI infrastructure development.
  • Experience with utility coordination, entitlement strategy, infrastructure planning, and owner's representation.
  • Experience with self-development or joint venture delivery models.
  • Professional Engineer (PE), Project Management Professional (PMP), or similar professional certification.

About the company

Nebius runs an AI cloud for developers, researchers, and enterprises that train models and put them into production. Its AI Cloud combines GPU computing, storage, networking, and managed services, while Token Factory runs models through an API so teams do not manage the underlying servers. Customers rent computing and storage at usage rates or reserve capacity, choosing resources that fit short experiments or sustained production workloads. Beyond the cloud, the group owns Avride, which develops autonomous vehicles and delivery robots, and TripleTen, which teaches technical skills for people changing careers. The publicly listed group is headquartered in Amsterdam, Netherlands.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Amsterdam, Netherlands

Founded

1997

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Simplify's Take

What believers are saying

  • Parent sales are expanding: August 2026 results showed quarterly group revenue rising 454% to $582.3 million.
  • Enterprise distribution gains a channel: September 2026's Palantir partnership names Nebius its preferred sovereign AI infrastructure partner.
  • Junior engineers get guided production experience: Early Talent participants work on real products with dedicated experienced buddies.

What critics are saying

  • Existing shareholders faced dilution: August 2026 financing exchanged $800 million of older debt for approximately 15.8 million shares.
  • Remote flexibility is limited: its careers FAQ usually permits only one or two home working days each week.
  • Expansion still loses money: August 2026 results recorded a $175.9 million quarterly group operating loss.

What makes Nebius unique

  • Hardware and software share one design: Nebius engineers its servers, racks, cooling, and cloud platform together.
  • Computing heats nearby homes: its Finnish data center feeds recovered heat into the local district heating network.
  • Its engineers started together: the founding team brought years of shared big-tech infrastructure work into Nebius.

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Benefits

Health Insurance

401(k) Company Match

Parental Leave

Remote Work Options

Disability Insurance

Life Insurance

Hybrid Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

-1%

2 year growth

-3%
Yahoo Finance
Oct 9th, 2026
Nebius stock could turn $1,000 into $9,000 by 2030 as AI cloud revenue surges

Nebius, a Netherlands-based AI infrastructure company, has seen its stock surge from $14.29 at its October 2024 debut to around $220 currently, after peaking at $286.69 in June 2026. The company, formerly known as Yandex, transformed into a "neocloud" provider after divesting its Russian assets following 2022 sanctions. Nebius operates AI-focused data centers across Finland, Iceland, and the US, with 14 more planned. Revenue jumped 351% to $530 million in 2025, whilst first-half 2026 revenue soared 529% year-over-year to $981 million. The company's contracted backlog exceeded $40 billion by mid-2026. Analysts project 2027 revenue of $12.3 billion and adjusted EBITDA of $6.6 billion. Trading at 8 times forward sales, the stock appears undervalued despite concerns about profitability and rising debt from its capital-intensive expansion strategy.

Yahoo Finance
Oct 5th, 2026
Cramer picks CoreWeave over Nebius despite 7x valuation gap

Jim Cramer expressed a preference for CoreWeave over Nebius on Mad Money, citing concerns about Nebius's recent price movement. The valuation gap between the two AI infrastructure companies is substantial. CoreWeave generated $2.575 billion in second-quarter revenue, up 112% year-over-year, compared with Nebius's $582.3 million, which grew 454%. CoreWeave reported approximately $104 billion in revenue backlog. Nebius trades at 46.30 times trailing sales and 47.03 times enterprise value to revenue. CoreWeave trades at 5.97 times sales and 12.38 times enterprise value to revenue, making Nebius's valuation multiples roughly four to seven times higher. Both companies face capital intensity challenges. CoreWeave carried $35.6 billion in total debt as of 30 June, whilst Nebius recorded $8.13 billion in property and equipment purchases during the first half. Hedge fund ownership increased for both companies in the second quarter.

AOL
Oct 1st, 2026
Nebius at $235: $37B backlog meets $20.8B dilution risk as Meta deal powers 182% surge

Nebius shares have surged 181% this year to $235.88, driven by a $27 billion five-year deal with Meta and a $2 billion equity investment from NVIDIA. The AI cloud company holds a $37.5 billion backlog and reported second-quarter revenue growth of 454%. However, significant risks remain. Three customers account for 59% of revenue, and the company faces capital expenditure guidance of $20-25 billion. Convertible notes carry a fair value of $20.8 billion, creating substantial dilution risk. Second-quarter capex of $5.66 billion far exceeded operating cash flow of $2.25 billion. Management expects over $9 billion in customer prepayments this year, with recent deals covering 50-60% of associated capex. Analysts see 20% upside to $284, but the stock trades 21% below its 52-week high. Execution remains critical as the company must convert deployed capacity into revenue before its next financing round.

Yahoo Finance
Sep 30th, 2026
Nebius signs 12-year data centre deal with AIB for 50 MW of AI cloud capacity

Nebius has signed a 12-year agreement with AIB Data Centers for 50 MW of critical IT capacity at a site in the southeastern US. The deal includes optional renewals, though financial terms were not disclosed. AIB said customer prepayments, along with project-level debt and preferred equity, should fund a substantial portion of initial development costs. The capacity is backed by a 15-year electric service agreement for 65 MW of utility load and will be delivered across two data halls. Nebius provides AI cloud infrastructure for developers and enterprises. Andrey Korolenko, the company's chief product and infrastructure officer, said time-to-power is the binding constraint on AI infrastructure today.

Yahoo Finance
Sep 29th, 2026
Nebius vs Innodata: Which AI stock offers better value in 2026?

Two AI infrastructure companies, Innodata and Nebius Group, offer contrasting investment profiles as demand for generative AI capabilities accelerates. Innodata provides data engineering and human expertise for AI model training, serving five of the "Magnificent Seven" tech giants. The company reported FY 2025 revenue of nearly $252 million, up 48% year-over-year, with net income of approximately $32.2 million. It operates debt-free with strong cash generation. Nebius Group operates cloud infrastructure for AI model development. The former Yandex unit pivoted to AI in 2025, achieving explosive growth with FY 2025 revenue reaching nearly $530 million, up roughly 350% year-over-year. Net income was approximately $102 million, though the company posted a free cash flow loss of nearly $3.7 billion due to capital spending. Innodata faces customer concentration risk, with one client accounting for nearly 58% of 2025 revenue. Nebius competes against hyperscalers like Amazon and Microsoft whilst managing capital-intensive infrastructure expansion. Despite a higher price-to-sales ratio of 42.6x versus Innodata's 7.3x, Nebius's lower forward P/E of 37.8x and projected $3.3 billion in 2026 sales present stronger growth prospects.