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Nebius shares jump on reported AI compute price increases

Nebius Group (NBIS) shares rose nearly 9% in Thursday premarket after it was reportedly raised prices across several compute services.

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Nebius Group NASDAQ:NBIS shares jumped nearly 9% in Thursday premarket trading after the AI cloud provider reportedly raised prices across several compute services, a possible sign that demand for scarce GPU capacity remains strong. According to a customer communication circulated by the company, the changes covered multiple compute services.