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Nebius Crushes Earnings as AI Cloud Boom Outpaces CoreWeave

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The Story

News Summary

  • Nebius and CoreWeave posted explosive revenue growth in AI cloud infrastructure.
  • While CoreWeave's net losses widened due to heavy debt servicing, Nebius achieved positive adjusted EBITDA, $2.3 billion in operating cash flow, and strong balance sheet health, positioning it as the superior AI compute investment.
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