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Nebius Reports Bigger Q3 Net Income Loss, Announces Meta AI Deal
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Nebius Reports Bigger Q3 Net Income Loss, Announces Meta AI Deal

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The Nebius earnings report fell short. The company also announced a AI compute infrastructure deal with Meta Platforms. Nebius stock rose.

Nebius (NBIS) rose after reporting a higher net income loss than expected for its third quarter while revenue missed amid an accounting change. The Netherlands-based company also announced an agreement to deliver artificial intelligence compute infra... [2947 chars]

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Source: Investor's Business Daily

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