Nebius has expanded its AI Builder Program to Europe, offering $10M in combined compute grants from NVIDIA, Accel, and other European VCs.

It's free to join and gives developers credits to run open models on Nebius; the European version also adds extra support for larger open-source projects that may need more compute or funding to grow.

Selected projects can be offered compute grants on Token Factory, Nebius's own service designed for running open models.

Accel and other European VCs provide founder funding to help teams turn an open-source project into a company.

Nebius and NVIDIA also run hackathons and demo days with communities such as AI Tinkerers, {Tech: Europe}, and ESRA.