jain.com

Q2 2026 landmark deals with Reflection and Cohere

Company: Nebius

Subject kind
customer
Statement date
2026-08-01
Promised amount
1.0 billion USD
Current status
stated

The claim, verbatim

Closed four landmark deals in Q2 with customers including Reflection and Cohere, averaging more than $1 billion in total contract value each

Source (primary)

Nebius Raised Its Year-End Power Target From More Than 3 Gigawatts to 5 in 6 Months - Yahoo Finance (-, news_article)
View cached copy (2026-09-04)Live source ↗Archive.org ↗

Quote: “Nebius closed four landmark deals in the second quarter, averaging more than $1 billion in total contract value, with AI developers Reflection and Cohere among the customers.”

How we checked this

Checked on September 18, 2026. The cited source supports every part of this claim.

The article states that Nebius closed four landmark deals in Q2 averaging over $1 billion in total contract value, with Reflection and Cohere among the customers.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/nebius-raised-end-power-target-205701886.html) in full (13,517 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Nebius Raised Its Year-End Power Target From More Than 3 Gigawatts to 5 in 6 Months - Yahoo Finance

Quote: “Nebius closed four landmark deals in the second quarter, averaging more than $1 billion in total contract value, with AI developers Reflection and Cohere among the customers.”

View cached copy (2026-09-04)Live source ↗Archive.org ↗