Paula Doenecke / Bloomberg: 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 — Nebius Group NV reported a 514% jump in second-quarter sales for its cloud business following strong demand for AI computing power.
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August 12, 2026 at 12:30 PM
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)
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