LONDON, May 7 (Reuters) - Jeff Bezos' personal firm
Bezos Expeditions is leading a $72-million investment in
artificial intelligence data solutions company Toloka, which is
looking to scale up its business, Toloka told Reuters on
Wednesday.
Toloka, which helps train and evaluate AI models using a
network of human experts and testers, is part of Nasdaq-listed
AI infrastructure firm Nebius Group ( NBIS ) and has worked with
Amazon ( AMZN ), Microsoft and Anthropic.
Amsterdam-based Nebius ( NBIS ) emerged from a $5.4 billion deal,
finalised last year, that split the domestic and international
assets of Russian internet giant Yandex in the largest
corporate exit from Russia since Moscow's 2022 invasion of
Ukraine.
Toloka founder and CEO Olga Megorskaya said the Bezos-led
strategic investment was a milestone that should accelerate the
company's growth, particularly in the U.S. market, and support
its development of products through human experts collaborating
with AI agents.
"There will always be the need for control, verification,
and help from human experts to ensure that the result is
actually of high quality," Megorskaya told Reuters.
Before finalising the split from Yandex, Nebius ( NBIS ) would have
struggled to secure external investment from the likes of Amazon ( AMZN )
founder Bezos due to sanctions prohibiting U.S. investments in
Russia.
Chip giant Nvidia ( NVDA ) was among the investors in a $700
million private placement raised by Nebius ( NBIS ) late last year.
In addition to Bezos Expeditions, Mikhail Parakhin, CTO of
Canadian e-commerce company Shopify ( SHOP ), is participating in the
investment, Nebius ( NBIS ) said, and will join Toloka's new board of
directors as executive chairman.
Parakhin said he was excited to be joining Toloka at a time
when the demand for world-class AI data expertise is more urgent
than ever.
Bezos Expeditions did not immediately respond to a request
for comment.
Nebius ( NBIS ) said it would continue to support Toloka as a
shareholder, retaining a significant majority economic stake,
but relinquishing majority voting control.
"The important thing about this round is that we gained the
needed flexibility to operate independently," Megorskaya said.
She said Toloka anticipated another investment round in the
future.