Nebius shares jump 34% on continued AI infrastructure demand

Shares of Nebius Group NV closed 34% higher today after it reported second-quarter earnings that topped expectations across the board. The Netherlands-based company operates a cloud platform optimized for artificial intelligence workloads. It also has two business units called Avride and TripleTen that offer autonomous driving software and programming courses, respectively. Nebius’ revenue surged 454% […] The post Nebius shares jump 34% on continued AI infrastructure demand appeared first on SiliconANGLE.