Nebius Group Looks to Calm Worries over AI Buildout Financing

Dow Jones
昨天

1109 ET - Nebius Group's Chief Executive Arkady Volozh is working to tamp down recent concerns among investors over financing the AI buildout. Demand for AI is "real and substantial," he says during the company's quarterly earnings call. "Everything else, like building the capacity and financing it, is just the task. Tasks can be hard, but they all can be solved." Volozh says Nebius's customers are committing for longer and at higher prices, and paying more upfront, and the company expects to have access to financing on attractive terms next year. Nebius also has a strong balance sheet and potential external financing, he says. "The prospects for our business have never been better. Our confidence in what we're building has not changed," he says.

 

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