{"id":1008251,"date":"2026-05-16T10:31:31","date_gmt":"2026-05-16T05:01:31","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1008251"},"modified":"2026-05-16T12:20:21","modified_gmt":"2026-05-16T06:50:21","slug":"ai-cloud-firm-nebius-reports-near-eightfold-revenue-jump-shares-surge","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/16\/ai-cloud-firm-nebius-reports-near-eightfold-revenue-jump-shares-surge\/","title":{"rendered":"AI cloud firm Nebius reports near eightfold revenue jump, shares surge"},"content":{"rendered":"<p>Nebius Group reported a nearly eightfold rise in quarterly revenue on Wednesday, benefiting from rising demand for artificial intelligence infrastructure and cloud services amid a boom in enterprise spending on the technology. <\/p>\n<p>Shares of Amsterdam-based Nebius soared 13% in premarket trading. <\/p>\n<p>Investments in graphics processing \u200cunits and data \u2060center hardware \u2060for its core AI cloud business drove first-quarter capital expenditure to about $2.5 billion, compared \u200bwith $544 million a year earlier and above analysts&#8217; estimate of $2.4 billion, according to Visible \u200bAlpha.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nebius Group reported a nearly eightfold rise in quarterly revenue on Wednesday, benefiting from rising demand for artificial intelligence infrastructure and cloud services amid a boom in enterprise spending on the technology. Shares of Amsterdam-based Nebius soared 13% in premarket trading. Investments in graphics processing \u200cunits and data \u2060center hardware \u2060for its core AI cloud business drove first-quarter capital expenditure to about $2.5 billion, compared \u200bwith $544 million a year earlier and above analysts&#8217; estimate of $2.4 billion, according to Visible \u200bAlpha.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1008251","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1008251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1008251"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1008251\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1008251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1008251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1008251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}