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Posted by
Two Blokes Jul 9 -
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Stock
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The Europe-based cloud services provider Nebius (NASDAQ:NBIS) has seen its stock rise by 70% year-to-date, significantly outperforming the overall market. Unlike conventional hyperscalers like Amazon's AWS or Microsoft's Azure that provide a wide range of general-purpose cloud services, Nebius is part of a new category of "Neoclouds" that concentrate on high-performance infrastructure specifically for AI workloads.
