Nebius Surges 20% on Strong AI Infrastructure Demand and Billion-Dollar Contracts
Nebius, the AI cloud company led by Arkady Volozh, reported second-quarter revenue that beat analyst expectations due to high demand for AI infrastructure. The company signed four contracts worth over $1 billion each, driving a fourfold increase in total contract value and a ninefold rise in new customer business. Shares rose more than 20% following the report.
Nebius
xAI
3DNews13.08 · 03:03







