Q2 2026: four AI Cloud deals averaging >$1B TCV each
Company: Nebius
The claim, verbatim
Nebius closed four deals in Q2 2026 averaging more than $1 billion in Total Contract Value each, with Reflection, Cohere, an unnamed U.S.-based AI neolab, and a large U.S.-based quantitative trading firm.
Source (primary)
NBIS Stock Surges After Nebius Q2 Revenue Soars 454% — CEO Says Demand For AI Capacity ‘Continues To Grow Exponentially’ - Stocktwits (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “with the company closing four deals averaging more than $1 billion in Total Contract Value (TCV) each. These deals include those with Reflection, Cohere, an unnamed U.S.-based AI neolab, and a large U.S.-based quantitative trading firm.”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The article, which covers Nebius's Q2 2026 results, says the company closed four deals averaging more than $1 billion in TCV each and names these four counterparties.
Confirmed in the source:
- Nebius closed four deals in Q2 2026
- The four deals averaged more than $1 billion in Total Contract Value each
- The deals included Reflection, Cohere, an unnamed U.S.-based AI neolab, and a large U.S.-based quantitative trading firm
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/nbis-stock-soars-nebius-454-revenue-surge-q2-ceo-ai-demand-exponentially/cZo82AdRJgu) in full (5,814 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms NBIS Stock Surges After Nebius Q2 Revenue Soars 454% — CEO Says Demand For AI Capacity ‘Continues To Grow Exponentially’ - Stocktwits
Quote: “with the company closing four deals averaging more than $1 billion in Total Contract Value (TCV) each. These deals include those with Reflection, Cohere, an unnamed U.S.-based AI neolab, and a large U.S.-based quantitative trading firm.”