Oct 18 (Reuters) - AI infrastructure firm Nebius Group

expects to make annual recurring revenue of $500

million to $1 billion in 2025, the company said on Friday before

trading of its shares resumes on Nasdaq on Monday after a

lengthy suspension.

Trading was suspended soon after Russia's February 2022

invasion of Ukraine, when the stock was traded under the

ticker of Russian internet giant Yandex

through its Amsterdam-based parent company. In July, Nebius

emerged following a $5.4 billion deal to split Yandex's Russian

and international assets.

Yandex, Russia's equivalent of Google, was valued at more

than $30 billion before the war, but Nebius is now a fledgling

European tech company focused on AI infrastructure, data

labelling and self-driving technology.

A key unknown is what price the company's shares will

trade at after such a long trading hiatus and company

transformation, especially as some investors have already

written off the investment.

The 98-page document published on Friday, accompanied by a

video presentation, is by far the most detailed insight the

company has given since emerging from the split.

"We are at the very beginning of the AI revolution,"

Nebius Chairman John Boynton said in a video presentation.

"Nobody can be sure which business models or underlying

technologies will prevail, but we can be sure of one thing: the

demand for AI infrastructure will be massive and sustained.

"This is the market space where Nebius will play."