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[BUSINESS]■ STORY TIMELINE

NEBIUS AI CLOUD SALES SURGE 514% ON DEMAND SPIKE

Nebius Group NV reported a 514% jump in second-quarter cloud sales, driven by surging demand for AI computing power. The dramatic growth underscores the intensifying competition for infrastructure serving the AI boom.

1 SOURCEFIRST SEEN AUG 12, 11:58 AM► READ THE ARTICLE
Bloomberg Tech+0m

Nebius Group NV reported a 514% jump in second-quarter sales for its cloud business following strong demand for AI compu…