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Nebius Group, the AI-infrastructure and GPU-cloud operator building out data centres for AI training and inference, spent $5.7 billion on capital expenditure in the quarter to 30 June 2026, driven mainly by GPU purchases and data-centre expansion. Across the first half of 2026 it spent a total of $8.1 billion on AI infrastructure capital expenditure

SourceNebius Group·H1 2026

Verified 2026-09-02

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