Nebius Group Stock Rises on $4.16B Capital Raise for AI Expansion
Nebius Group N.V. shares climbed 0.61% to $90.96 after securing $4.16 billion in combined funding through a $1 billion equity offering and $3.16 billion convertible notes sale. The capital injection fuels ambitions to scale AI infrastructure and data center capabilities, with Goldman Sachs and Morgan Stanley leading the underwriting.
Pre-market trading pushed shares to $91.49 as investors reacted to the strategic financing. The move coincides with a Microsoft partnership, positioning Nebius to capitalize on accelerating institutional demand for AI solutions. Market sentiment reflects growing confidence in tech firms bridging cloud computing and artificial intelligence.