Amsterdam-based neocloud Nebius reports Q2 cloud revenue up 514% YoY to $575M and total revenue of $582M, above $557M est.; NBIS jumps 15%+, and is up 145%+ YTD (Paula Doenecke/Bloomberg)
Nebius Group NV reported a 514% jump in second-quarter sales for its cloud business following strong demand for AI computing power.
We haven't written up this one. Techmeme has the full story — the link below goes straight to it.
