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raj04
#NBISQ3RevenueUp571%
$NBIS Nebius's Q2 revenue increased by 454% year-over-year, adjusted EBITDA has turned positive, and it secured an AI infrastructure agreement with $META valued at up to $27 billion. However, at the same time, the company's single-quarter capital expenditure reached $5.657 billion, far exceeding the period's revenue. What exactly does such a rapidly growing AI cloud company rely on to make money, and why can it never shake off the market's doubts about financing risks?
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