Nebius shares jump after raising on-demand compute prices
Nebius rallied over 6% late Wednesday after raising prices for several on-demand compute resources from Oct. 1, lifting neocloud peers IREN and CoreWeave by 3%-4%.
Nebius rallied over 6% in overnight trading late Wednesday after it raised prices for its computing services, also giving neocloud peers IREN Ltd. and CoreWeave a 3%-4% lift respectively. Nebius is raising prices for several of its on-demand compute resources from Oct. 1, with the biggest increase on A100 instances, which are used to power its GPU cloud platform.