Four $1bn+ AI cloud contracts in Q2 2026
Company: Nebius
The claim, verbatim
During Q2 2026, Nebius signed four AI cloud contracts worth more than $1 bn each. Customers were Reflection, Cohere, another AI lab and a large US quant trading firm, priced at about $20-25 mn in annual revenue per MW.
Source (primary)
Nebius (NASDAQ: NBIS) stock price forecast: Wall Street targets $281 - Beinsure (-, news_article)
View cached copy (2026-10-30)Live source ↗
Quote: “During the second quarter, Nebius signed four major AI cloud contracts, each worth more than $1 bn. Customers included Reflection, Cohere, another AI laboratory and a large US quantitative trading company.”
How we checked this
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Additional evidence
confirms Nebius (NASDAQ: NBIS) stock price forecast: Wall Street targets $281 - Beinsure
Quote: “During the second quarter, Nebius signed four major AI cloud contracts, each worth more than $1 bn. Customers included Reflection, Cohere, another AI laboratory and a large US quantitative trading company.”