Four >$1B TCV AI cloud deals
Company: Nebius
The claim, verbatim
Nebius closed four deals in Q2, each averaging more than $1 billion in total contract value. The customers were 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: “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 14, 2026. The cited source supports every part of this claim.
The article reports four Q2 deals averaging over $1 billion in total contract value each. It names the same four counterparties.
Confirmed in the source:
- Nebius closed four deals in Q2
- The deals averaged more than $1 billion in total contract value each
- The deals were with 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: “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.”