[chias]

From a practical standpoint, would you consider "Google Germany GmbH" to essentially be just a reference to Google, beholden to everything that matters to Alphabet headquartered in the United States?

If so, Nebius is just a fancy name for Yandex, beholden to everything that matters to Yandex LLC headquartered in Russia. They just chose a distinctly different name, presumably to avoid the association. When we were doing a deep-dive into cloud GPU providers, legal counsel veto'd them for this reason.