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Nebius rents out AI cloud capacity and is scaling from a small base. Revenue in the second quarter of 2026 reached $582.3 million against $105.1 million in the same quarter of 2025 — a 454% year-on-year rise in revenue

SourceNebius Group·Q2 2026

Verified 2026-08-15

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  • CoreWeave rents AI computing power by the hour, and demand is not the problem: first-quarter 2026 revenue rose 112% year on year to $2.08 billion. The company still reported a $740 million net loss for the quarter
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