AIThe Next Webabout 2 hours ago
Nebius revenue jumps 454% on prepaid AI compute
1 min read
Nebius reported $582.3m second-quarter revenue, up 454% year over year, with shares closing 34% higher. The Amsterdam neocloud holds nearly $6bn in deferred revenue and over $40bn in customer commitments, while spending $5.7bn on chips and data centres in the quarter.
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