jain.com

Cohere AI Cloud deal

Company: Nebius

Subject kind
customer
Statement date
2026-08-12
Current status
stated

The claim, verbatim

Cohere is one of four Q2 2026 Nebius deals that averaged more than $1 billion in TCV.

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: “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 lists Cohere among the four Q2 deals, which it says averaged more than $1 billion in TCV each.

Confirmed in the source:

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: “These deals include those with Reflection, Cohere, an unnamed U.S.-based AI neolab, and a large U.S.-based quantitative trading firm.”

View cached copy (2026-10-09)Live source ↗Archive.org ↗