Nebius Stock Surges on Major AI Deals and Strategic Partnerships
Originally Published 4 months ago — by Forbes
Nebius, an AI-focused cloud company emerging from Russia, has seen its stock surge from $20 to $89 in a year, driven by strong revenue growth projections, a major $17.4 billion deal with Microsoft, and strategic partnerships with Nvidia. Its specialized AI infrastructure positions it for a potential valuation exceeding $100 billion by 2030, though risks include high valuation multiples and geopolitical concerns.