AISiliconANGLEabout 2 hours ago
Nebius shares jump 34% on AI infrastructure demand
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Nebius Group NV shares closed 34% higher after second quarter revenue surged 454% year-over-year to $582.3 million. The Netherlands-based AI cloud operator signed four data center deals averaging over $1 billion, including one with Cohere Inc., and boosted its 2026 contracted power target to five gigawatts.
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