MTS invested 200 million rubles in the startup of former Yandex employees

Rubbles was founded in 2014 by people from Yandex and is engaged in developments in the field of big data analytics and artificial intelligence. In particular, it helps automate demand and price analysis. MTS Big Data Center has been operating since 2015. The companies’ specialists plan to launch joint products to optimize business processes for companies in various industries.

MTS is confident that the Russian market needs to develop its own solutions that will not depend on the geopolitical situation.

“MTS plans to expand its Big Data-based product portfolio and further expand data-driven solutions across all of the company’s business verticals. The partnership with Rubbles, one of the leaders in the Russian AI segment, will allow us to reduce financial and time costs for model and product development,” said Viktor Kantor, Director of the MTS Big Data Center.

He added that such cooperation will help save billions of rubles. Rubbles plans to expand its product line and range of infrastructure solutions through partnerships. The exchange of experiences and knowledge will allow companies to improve the quality of their models and create new solutions for various industries.

Previously, MTS bought the Bronevik hotel reservation service for 4 billion rubles. The operator spent another 2.1 billion rubles on the acquisition of the developer of video communication systems Webinar.