Nebius Group shares NBIS fell on Thursday as investors assessed the company's new $3.5 billion financing facility amid growing concerns about debt-funded expansion across the artificial intelligence infrastructure sector. The Nvidia-backed neocloud provider's shares dropped as much as 6.8% in trading, facing pressure during the broader market sell-off.
AMSTERDAM--(BUSINESS WIRE)--Nebius Group N.V. (Nasdaq: NBIS), the AI cloud company, today announced that it has entered into a $3.5 billion senior secured facility provided by Citi. The facility provides access to capital at attractive rates to support Nebius's global capacity build-out, and advances the company's diversified and sequenced funding strategy. It complements a funding base that in...
CoreWeave CRWV and Nebius stocks fell about 3% on Wednesday, even after comments from SpaceX executives boosted sentiment in the pre-market session. The artificial intelligence infrastructure providers have come under pressure amid concerns about debt-funded expansion and a potential glut of computing capacity.
Nebius and CoreWeave stocks have sold off this month as investors have remained concerned about the AI bubble. CoreWeave has slumped by over 60% from its peak, erasing billions of dollars in value.
Nebius' chief revenue officer told CNBC that AI computing prices are continuing to rise and are running ahead of its expectations. The comments come as investors scrutinize the debt, borrowing costs and economics of companies building AI infrastructure.
BERLIN--(BUSINESS WIRE)--NVIDIA GTC--Nebius (Nasdaq: NBIS), the AI cloud company, today announced public live spot pricing for GPU compute, giving teams greater visibility and control over their compute costs. AI teams are increasingly experimenting, training and running production services at the same time. Each calls for a different way to access and use compute capacity. Nebius is expanding ...
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