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NEBIUS CLOUD REVENUE SOARS 514% ON AI DEMAND

Amsterdam-based neocloud provider Nebius reported Q2 cloud revenue of $575M, up 514% year-over-year, with total revenue hitting $582M and beating analyst expectations of $557M.

1 SOURCEFIRST SEEN AUG 12, 12:30 PM► READ THE ARTICLE

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Amsterdam-based neocloud Nebius reports Q2 cloud revenue up 514% YoY to $575M and total revenue of $582M, above $557M est.; NBIS rises 15%+, and is up 131% YTD (Paula Doenecke/Bloomberg)

Paula Doenecke / Bloomberg: Amsterdam-based neocloud Nebius reports Q2 cloud revenue up 514% YoY to $575M and total reve…

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