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Nebius stock rises as CoreWeave-linked AI cloud pricing increases

Nebius Group led “neoclouds” higher early Thursday after telling customers it will raise on-demand rental prices.

NBIS

Nebius Group was leading other so-called neoclouds higher early Thursday. The company recently told customers it will raise its on-demand rental prices for artificial-intelligence computing power, adding to signs that demand for computing capacity remains extremely strong and that AI chips are holding their value.