Full-Time
Full-stack AI infrastructure with GPU clusters
$208.8k - $261k/yr
Remote in USA + 1 more
More locations: Remote in Canada
Remote
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Nebius Group N.V. is a publicly listed Amsterdam-based company that builds full-stack AI infrastructure. Its offerings include large GPU clusters, cloud services tailored for AI, and developer tools, all designed to run AI workloads at a global scale. After spinning out its Russian assets in 2024, Nebius realigned to provide high-capacity AI platforms, operate dedicated data centers, and supply ecosystems of technical support, data, and hardware. Its products work by delivering end-to-end control of the AI value chain, from the physical hardware to software services and cloud-like capabilities, across multiple geographies. Nebius differentiates itself from major traditional cloud providers by offering integrated, owner-operated data centers and a complete stack focused on AI, rather than simply reselling generic cloud resources. The company's goal is to be a practical alternative to large cloud providers, giving customers more control, reliability, and scale for AI workloads.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Amsterdam, Netherlands
Founded
1997
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Health Insurance
401(k) Company Match
Parental Leave
Remote Work Options
Disability Insurance
Life Insurance
Hybrid Work Options
Professional Development Budget
Billionaire investor Stephen Mandel of Lone Pine Capital made Nebius his largest holding in Q2, despite the stock not appearing in his portfolio the previous quarter. This represents a significant vote of confidence in the AI-focused cloud computing provider. Nebius has surged nearly 200% in 2026, driven by extraordinary revenue growth of 454% year-over-year in Q2. The company operates in the neocloud space, providing AI computing power during a period of acute shortage. As a preferred Nvidia partner, Nebius gains early access to cutting-edge technology. Analysts project 523% growth for the second half of 2026 and 258% growth for 2027. The company has secured deals with major AI hyperscalers to rent computing capacity, positioning it as one of the fastest-growing stocks in the AI sector.
Nebius and Super Micro Computer are competing for investor attention in AI infrastructure. Nebius operates an AI cloud platform serving developers and enterprises, whilst Super Micro supplies servers, cooling systems and data centre solutions for large-scale AI deployments. Nebius is experiencing explosive growth from a smaller base. Second-quarter revenue surged 454% year over year to $582 million, with annualised run-rate revenue hitting $3 billion. The company closed four deals averaging over $1 billion each and holds a $40 billion contracted backlog. Super Micro operates at much larger scale with tens of billions in annual revenues and substantial order backlog. The companies present different risk-reward profiles: Nebius offers higher growth potential but greater execution risk, whilst Super Micro provides more established operations with steadier growth trajectories.
Nebius Group, a neocloud infrastructure provider building dedicated AI data centres, reported a 454% year-over-year revenue increase to $582 million in Q2. The company also reduced its adjusted net loss by 64% to $33.2 million. Nebius closed four large deals in Q2, each exceeding $1 billion on average. The company's total contract value jumped by 4x year over year. Average contract value per megawatt of data centre capacity rose from $12 million last year to over $20 million in Q2, with expectations to exceed $40 million in the current quarter. The company is taking prepayments from customers signing large deals, allowing it to build AI infrastructure without additional debt. Bank of America reports the top four US cloud computing companies hold a combined backlog worth $2.3 trillion.
Nebius Group shares rose 1.3% in premarket trading on Monday, extending last week's 48% rally — its strongest weekly gain since December 2024. The Amsterdam-based cloud provider reported a 454% revenue surge in Q2, prompting several analyst upgrades. Citi raised its price target to $324 from $278, citing strong backlog supporting capacity expansion. Bank of America increased its target to $310 from $280, whilst Baird lifted its target to $340 from $250. The company announced major contracts recently, including a $27 billion deal with Meta Platforms and a $2 billion investment from Nvidia in March, following a significant Microsoft contract last September. Nebius has gained 176% over the past 12 months. Jennison Associates increased its stake by 134.3% to 3.98 million shares, whilst BlackRock added 1.59 million shares.
Nebius Group used its Q2 2026 earnings call to highlight capacity expansion and pricing strategy, notably choosing not to pre-sell all planned 2027 capacity despite strong demand. Management reaffirmed 2026 guidance of $3 billion to $3.4 billion in revenue and $20 billion to $25 billion in capital expenditures. Chief executive Arkady Volozh said Nebius closed four core AI cloud deals averaging over $1 billion each, with yields of $20 million to $25 million per megawatt. Management sees more value in shorter-duration contracts, with its first capacity auction clearing 15% above prior Blackwell pricing. Q2 revenues rose 454% year-over-year to $582.3 million, topping the consensus estimate of $573.8 million. The company raised its year-end contracted power target to 5 gigawatts.