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.
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.