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Nebius AI business revenue hits $1.9B with 684% ARR growth, raising CapEx to $20-25B amid strong demand.

Market News
22 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Nebius, an AI infrastructure company, reported its annualized AI business revenue reaching $1.9 billion, with an impressive 684% year-over-year increase in annual recurring revenue (ARR). The company’s operating cash flow stands at $2.3 billion, reflecting robust financial health. Nebius has raised its capital expenditure guidance to $20-25 billion for the year to support scaling and product development driven by escalating customer demand. Strategic partnerships with Nvidia, Meta, and Microsoft underpin its growth, positioning Nebius as a leading technology player in the AI hyperscaler market.

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