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Deep & Emerging Tech·August 13, 2026·1 min read

Nebius revenue grew 454%. Most of the cash came from customers paying in advance

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A 454% revenue jump at Nebius with heavy prepayments shows AI cloud buyers are willing to front-load cash to secure Nvidia-backed capacity. If you’re a serious model trainer, expect more contracts to look like power-purchase agreements—multi-year, capacity-locked, and capex-like.