All articles tagged with #nebius group
Alphabet plans to start selling its Tensor Processing Units (TPUs) to select customers and is partnering with Blackstone on a capital-heavy neocloud compute-as-a-service venture. With an initial push toward hundreds of megawatts of TPU capacity, the move could pressure Nvidia’s dominance in AI accelerators and intensify competition with smaller players CoreWeave and Nebius in the rapidly growing neocloud market.
Nebius Group (NBIS) plans a $3.75 billion convertible senior notes offering to fund AI cloud and data center expansion, split into $2 billion due 2031 and $1.75 billion due 2033, with shares down in premarket trading.
Jim Cramer discussed Nebius Group (NBIS), highlighting its recent partnership with Uber and a significant lockup expiration on October 26, warning investors to be cautious despite the stock's 247% year-to-date gain, and noting the company's ongoing losses despite contracts and Microsoft relationships.
Microsoft's $17.4 billion deal with Nebius Group, a key player in AI infrastructure, highlights the growing importance of GPU-based cloud services in the AI ecosystem. This strategic partnership not only boosts Nebius's position but also signals a significant shift in AI infrastructure investment, making Nebius a compelling stock opportunity despite valuation considerations.
Major stock indexes showed modest gains amid geopolitical tensions and tariff threats from Trump, with notable jumps in Nvidia-backed Nebius Group and Autodesk, while Waters Corp. plunged after a merger announcement. Bitcoin and related stocks reached new highs, and upcoming earnings and inflation data are on investors' radar.
Despite a 67% increase, Nebius Group remains undervalued by over 30% due to underestimated growth and a strong partnership with Nvidia, with upcoming Q2 earnings expected to prompt analysts to revise their conservative estimates and potentially close the valuation gap.