Nebius shares jump 34% on continued AI infrastructure demand

Shares of Nebius Group NV closed 34% higher today after it reported second quarter earnings that topped expectations across the board.

The Netherlands-based company operates a cloud platform optimized for artificial intelligence workloads.

It also has two business units called Avride and TripleTen that offer autonomous driving software and programming courses, respectively.

Nebius’ revenue surged […]

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