Cloud Co Nebius Signs $3b Deal with Meta

Why Nebius' Stock Crashed This Week

Key PointsNebius grew revenue in the third quarter by 355% year over year.The company's adjusted net losses also grew significantly.The AI trade has struggled this week.10 stocks we like better than Nebius Group › Since the close of trading last Friday, shares of the artificial intelligence data center company Nebius Group (NASDAQ: NBIS) are trading over 21% lower as of 11:30 a.m. ET on Nov. 14. The company reported its third-quarter earnings re…

Cloud co Nebius signs $3b deal with Meta

The Dutch-Israeli company will provide Meta with computer infrastructure for AI over five years.

Nebius Sales Soar as Neocloud Provider Inks AI Deal With Meta

Nebius Group NV third-quarter sales soared by more than 300% as the Dutch neocloud provider announced an artificial intelligence infrastructure deal with Meta Platforms Inc. and predicted rapid growth through 2026.

AI cloud firm Nebius signs $3B deal with Meta

Nebius Group has signed a deal worth about $3 billion with Meta to provide the Facebook owner with AI infrastructure over a five-year period, the company said on Tuesday, after it reported a more than fourfold rise in third-quarter revenue.

Nebius's Next Customer: The Top 5 Companies Most Likely to Sign

After landing blockbuster deals with Microsoft and Meta worth over $20 billion combined, Nebius Group has positioned itself as the go-to infrastructure provider for tech giants desperate for GPU capacity. The Amsterdam-based company reported that demand was so strong that the size of its Meta contract had to be limited to the capacity that Nebius […] The post Nebius’s Next Customer: The Top 5 Companies Most Likely to Sign appeared first on CCE l…

Nebius Group inks $3B Meta AI supply deal

Nebius Group signed a $3 billion deal with Meta on Tuesday to supply AI infrastructure for five years, following a significant rise in quarterly revenue. The company’s shares experienced volatility in premarket trading after reporting a quarterly loss exceeding $100 million, an increase from $39.7 million last year, alongside a surge in capital spending. Nebius’ market value increased fourfold to $27.61 billion through its last close this year. …