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The updated analyst narrative on Nebius Group centers on a lower central fair value estimate, which has moved from US$312.67 to US$283.58. This shift aligns with more cautious Street research that weighs enthusiasm for Nebius Group’s AI focused cloud infrastructure against concerns around valuation, capital needs and…
Shares of Nvidia (NVDA)-backed Nebius (NBIS) gained on Wednesday morning after the AI cloud company said it will start letting outside partners build and own the data centers that run its software.