Nebius Group N.V. (NBIS) has launched Nebius AI Cloud 3.5 on [insert date], enhancing its Aether platform with new serverless capabilities and NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs. This upgrade streamlines AI development by eliminating the need for developers to manage infrastructure, aiming to accelerate workloads across various applications like AI inference and drug discovery.
The company plans to significantly scale its infrastructure, announcing nine new data centers and securing over 2 gigawatts of contracted power, with expectations to exceed 3 gigawatts. A new AI factory campus in Independence, capable of supporting 1.2 gigawatts, will further bolster its U.S. presence. Nebius aims to deploy over 5 gigawatts of AI computing capacity by 2030.
Nebius shares have increased by 5.2% over the last month, outperforming the Internet Software and Services industry, which declined by 0.3%. Currently, NBIS trades at a price/book ratio of 5.5X, while the industry average is 3.17X.
