July 16 (Reuters) - The international businesses of

Russian technology giant Yandex, spun off in a

$5.4-billion deal that was finalised this week, launched on

Tuesday as Nebius Group, headquartered in Amsterdam and led by

former Yandex CEO Arkady Volozh.

Volozh, who co-founded Yandex in the 1990s dotcom boom,

spoke to Reuters as he returned to public life following an

anti-war outburst that could have derailed the Yandex split and

after EU sanctions against him were lifted in March.

Nebius' core business is an AI-centric cloud platform built

for intensive AI workloads and hopes to become a leading

European provider of infrastructure and services to AI

developers worldwide, it said.

Volozh said Nebius' expertise was being able to address

fundamental bottlenecks in AI, describing the business model as

"T2T", or "technology for technologists".