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.
