2026 capex $20B-$25B
Company: Nebius
The claim, verbatim
Nebius management expects 2026 capital expenditures of $20 billion to $25 billion.
Source (primary)
Nebius Vs CoreWeave: Which AI Stock Has the Upper Hand? - I/O Fund (-, news_article)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “management expecting over $9 billion in prepayments against capex of $20 billion-$25 billion”
How we checked this
Checked on October 9, 2026. The cited source supports every part of this claim.
The article reports management expecting capex of $20 billion to $25 billion in the context of the rest of the year, which is 2026.
Confirmed in the source:
- Nebius management expects capital expenditures of $20 billion to $25 billion
- The capex expectation refers to the current year, 2026
What we did: Read our cached copy of the publisher (https://io-fund.com/ai-stocks/nebius-vs-coreweave-ai-stock) in full (16,847 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius Vs CoreWeave: Which AI Stock Has the Upper Hand? - I/O Fund
Quote: “management expecting over $9 billion in prepayments against capex of $20 billion-$25 billion”