Nebius revenue jumps $981M, up 571% as AI cloud demand surges

The neocloud provider beat Street expectations while raising 2026 spending guidance to fund aggressive infrastructure expansion.

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A large illuminated building stands beyond a rain-speckled window, with wet roads, trees, colored light reflections, and “Rw” lettering.

The neocloud provider beat Street expectations while raising 2026 spending guidance to fund aggressive infrastructure expansion.