Multiyear AI-cloud contract values and prepayment structure
Company: Nebius
The claim, verbatim
Multiyear AI-cloud contracts average more than $1 billion with customer prepayments covering 50-60% of related capital expenditures
Source (primary)
Nebius Group (NASDAQ:NBIS) Stock Price Down 5.1% - Here's What Happened - MarketBeat (-, news_article)
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Quote: “Multiyear AI-cloud contracts reportedly average more than $1 billion, with customer prepayments covering roughly 50%–60% of related capital expenditures”
How we checked this
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Additional evidence
confirms Nebius Group (NASDAQ:NBIS) Stock Price Down 5.1% - Here's What Happened - MarketBeat
Quote: “Multiyear AI-cloud contracts reportedly average more than $1 billion, with customer prepayments covering roughly 50%–60% of related capital expenditures”