US Stocks: AI cloud firm Nebius posts surge in capex on GPU, data center expenses
- Posted on February 12, 2026
- By Business News Today
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US Stocks: AI cloud firm Nebius posts surge in capex on GPU, data center expenses
Nebius Group reported a sharp rise in quarterly capital spending on Thursday, driven by purchases of artificial intelligence processors and growing data center investments, as the AI cloud firm rushes to secure capacity to meet soaring demand.
