$NBIS
is becoming one of the more interesting AI infrastructure plays to watch.
Revenue jumped to $582M, up 454% YoY, while major AI cloud contracts are getting much larger.
The bigger picture is even more interesting: customer commitments are now above $40B, with Nebius targeting 5GW of contracted power by the end of 2026.
The opportunity is huge, but so are the risks — massive capex, competition and the pressure to keep demand growing.
AI infrastructure is still one of the biggest themes in the market.
How big can $NBIS actually get?
is becoming one of the more interesting AI infrastructure plays to watch.
Revenue jumped to $582M, up 454% YoY, while major AI cloud contracts are getting much larger.
The bigger picture is even more interesting: customer commitments are now above $40B, with Nebius targeting 5GW of contracted power by the end of 2026.
The opportunity is huge, but so are the risks — massive capex, competition and the pressure to keep demand growing.
AI infrastructure is still one of the biggest themes in the market.
How big can $NBIS actually get?