US Stocks: AI cloud firm Nebius posts surge in capex on GPU, data center expenses

📅 Published: February 12, 2026 | 📂 Category: Uncategorized

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.

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