FinanceQuartzabout 2 hours ago
Nebius Revenue Jumps 571% Amid Data Center Spending
1 min read
Nebius reported a 571% revenue jump to $3 billion to $3.4 billion for 2026, beating analyst expectations of $3.35 billion. CEO Arkady Volozh anticipates $12 billion to $13 billion in 2027 revenue. The company raised $5.75 billion from convertible notes and plans to spend $27 billion on capital projects in 2026.
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