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Hardware / data centres / meta / Microsoft

Nebius sees 355% revenue boom, but cash bleed continues

A $3 billion Meta deal was limited by capacity admits CEO.

By Noah Bovenizer

Nov 12, 2025 2:13 PM 2 min read

The inside of a Nebius data cent — Image credit: Nebius

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Noah Bovenizer

Noah Bovenizer is a senior reporter with The Stack. He previously covered the transportation sector for Global Data. He has a first class degree in journalism and has also worked as a newsreader for Gaydio.