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Core News Facts
Nebius Group has recently secured over $20 billion in neocloud contracts, including a five-year, $17.4 billion deal with Microsoft and a $3 billion contract with Meta Platforms. As of September, the company’s annualized run-rate revenue (ARR) was $551 million, with projections to reach between $7 billion and $9 billion by the end of 2026.
In the backdrop of increasing demand for Nvidia’s GPUs, Nebius provides access to GPU clusters via cloud-based infrastructure, allowing clients to bypass the costs of purchasing hardware directly. Despite a reported net loss of $508 million in the first nine months of 2025, Nebius holds $2.4 billion in cash to support its expansion.
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