It also lost 190 million dollars in the same quarter, and its own management did not raise guidance.
“Nebius grew revenue 454% year over year to $582.3 million in Q2 2026 and closed four AI cloud deals with an average total contract value exceeding $1 billion each, with adjusted EBITDA swinging to a positive $236.2 million.”
Nebius Group Q2 2026 results and shareholder letter (CEO Arkady Volozh), August 12, 2026
Recorded 14 August 2026. Our ruling means: literally true, materially misleading.
The company reported a net loss from continuing operations of $190 million, compared with net income of $502 million in the year-earlier period, which had included a large gain from the revaluation of equity investments.
Risks remain heavy on both balance sheets. CoreWeave's net loss widened to $626 million in the quarter as interest expense climbed to $640 million on rising debt loads, while Nebius swung to a $190.4 million net loss from continuing operations
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“AI is dramatically accelerating AI research at Anthropic right now, roughly doubling the pace of capabilities progress.”
TRUE, BUTLab Not FieldAjeya Cotra on Planned Obsolescence, reading METR's assessment and Anthropic's S-1 statement that it may imminently meet its own threshold
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