AITech.euabout 1 hour ago
Nebius Profits Surge Amid Data Center Delays
2 min read
European AI infrastructure firm Nebius reported a 571 per cent leap in Q3 revenues to $981m, though it acknowledged delays at its 300 MW Vineland, New Jersey facility. CEO Arkady Volozh stated the delay stems from power issues, shifting some revenue from 2026 to 2027, while the company expects to break even by the end of 2027.
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