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Nebius AI Cloud Revenue Jumps 514% as Demand for Compute Capacity Accelerates

  • Infra & Chips
  • Sales & Business

Nebius reported $575 million in second-quarter 2026 revenue from its AI cloud business, a 514% increase from a year earlier, as customers sought more computing capacity for artificial intelligence workloads. Group revenue reached $582.3 million, while AI cloud annualized run-rate revenue rose to $3.0 billion.

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