Nebius Group vs Qualcomm

Nebius Group — Infrastructure · Public · $61.6B mkt cap · 4 of 4 figures sourced  |  Qualcomm — Hardware · Public · $174.9B mkt cap · 4 of 4 figures sourced

Relationship

Nebius Token Factory and Qualcomm AI Inference Suite do comparable work on model hosting; both also serve buyers who need to serve a model in production; larger scale (public).

Assembled from the recorded fields for this pair, not hand-checked. The comparison below is read from each company’s own profile.

3 of 5 capabilitiesShared product typeLarger scale

3 of 5 capabilities — Shares evaluation and observability, model hosting and model inference.

Ludbee capability tags · from the product records

Shared product type — Both ship developer tool.

Ludbee product records

Larger scale — Qualcomm: $174.9B market cap, against Nebius Group's $61.6B market cap.

Ludbee scale figures · valuation, market cap or revenue estimate

Aligned comparison

FieldNebius GroupQualcomm
Market cap$61.6B$174.9B Qualcomm has 2.8× more
Employees1,54352,000 Qualcomm has 34× more
Founded20241985 39 yrs earlier
StatusPublicPublic match
CategoryInfrastructureHardware
Stack layerDeveloper tool, Infrastructure service, Model APIDeveloper tool, Hardware, Platform
HeadquartersAmsterdam, NetherlandsSan Diego, USA

Capability overlap

Shared · 3

Evaluation and observabilityModel hostingModel inference

Not verified for Qualcomm · 2

GPU cloudModel training

Recorded for Nebius Group. Qualcomm’s product records say nothing either way — a missing record is not a missing capability.

Not verified for Nebius Group · 3

Accelerator siliconAI compute hardwareKnowledge retrieval

Recorded for Qualcomm. Nebius Group’s product records say nothing either way — a missing record is not a missing capability.

Products, side by side

Algorithmic pairing — assembled from recorded fields, not hand-checked

Nebius Group

Developer tool

Managed Service for MLflowDeveloper tool

Fully managed MLflow deployment on Nebius AI Cloud for tracking experiments, metrics and artifacts across the machine-learning lifecycle without maintaining tracking-server infrastructure.

Qualcomm

Developer tool

Qualcomm AI HubDeveloper tool

A developer platform for optimising, benchmarking and deploying on-device AI models against 300+ pre-optimised models and 50+ real Qualcomm devices in the cloud.

No counterpart

Nebius Group sells these in a stack layer with no product recorded for Qualcomm yet — nothing on the other side to compare them against.

Infrastructure service

Managed SoperatorInfrastructure service

Nebius-managed Kubernetes operator that runs Slurm clusters on GPU infrastructure for fault-tolerant large-scale AI training, with topology-aware scheduling and automatic node health checks and recovery.

Nebius AI CloudInfrastructure service

Rented GPU clusters with storage and networking for training and serving models, billed by the GPU-hour.

Serverless AIInfrastructure service

Nebius AI Cloud's on-demand GPU runtime that runs containerised AI workloads as Jobs and hosts custom models behind HTTP Endpoints without provisioning or managing clusters.

Model API

Nebius Token FactoryModel API

Managed inference endpoint serving open-weight models on Nebius hardware, billed per token.

Qualcomm sells these in a stack layer with no product recorded for Nebius Group yet — nothing on the other side to compare them against.

Platform

Qualcomm AI Inference SuitePlatform

A cloud and on-premises inference platform offering an SDK, OpenAI-compatible APIs and ready-made chat, RAG, image and code applications on top of Qualcomm's AI accelerators.

Hardware

Qualcomm Cloud AI 100 UltraHardware

A PCIe AI inference accelerator card with up to 870 TOPS INT8 and 128GB of memory, built for generative AI and LLM inference in the data centre.

Qualcomm Dragonfly AI200Hardware

Rack-scale data-centre inference accelerator carrying 768 GB of LPDDR per card, announced October 2025 with commercial availability expected in 2026.

Qualcomm Dragonfly AI250Hardware

A second-generation rack-scale AI inference platform using Qualcomm High Bandwidth Compute (HBC) Gen 1 for memory-bound agentic inference.

Qualcomm Dragonfly AI300Hardware

A third-generation rack-scale AI inference platform using Qualcomm High Bandwidth Compute (HBC) Gen 2 for hyperscale LLM and agentic deployments.

Qualcomm Dragonwing IQ-2390Hardware

Embedded edge-AI processor in early access; part of Qualcomm's Dragonwing IQ2 series for IoT.

Qualcomm Dragonwing IQ9 SeriesHardware

Embedded IoT/edge-AI processor family, distinct from the Dragonfly AI200/250/300 data-centre accelerator line; an IQ-9075 Evaluation Kit is purchasable through Qualcomm's developer hardware section.

SnapdragonHardware

Mobile and PC processor family whose on-device AI engine runs models locally on phones, laptops and cars.

Snapdragon X SeriesHardware

A family of Snapdragon compute platforms for Windows PCs (X, X2 Elite, X2 Plus) sold on NPU-accelerated on-device AI performance.