1. The author revisits the valuation of Nebius Group, previously estimated at $8.8 billion. 2. A detailed analysis of the U.S. robotaxi market and Avride's potential within it is conducted. 3. Avride is projected to potentially hold the 2nd or 3rd position in the U.S. robotaxi market. 4. Potential investors are identified as Uber, Hyundai, Lyft, German automakers, and venture capital funds. 5. A new valuation for Avride of $3.4 billion is proposed, leading to a revised valuation for Nebius Group of $11.2 billion.