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Weekly Recap: Q2 revenue $582M surge and Meta cloud deal, GPU hikes

Nebius Group N.V. Class A (NASDAQ:NBIS) posted blistering Q2 growth—$582M revenue and $575M from AI—pushed to a $3B annualized run—rate as AI cloud capacity sold out, landed a long—term Meta deal, raised GPU prices, and drew upbeat upgrades from BNP Paribas and BofA.Previous Week RecapThis is an AI…

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