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-7.08571615641482E-05 -0.000565381960198408 0.000479713780915312 0.000918192435704255 0.00405018282705453 0.0114672305985704 -0.00921956593629761 -0.018795214453852
Stock impact report

Nebius Prices Larger $4 Billion AI Funding Raise [Yahoo! Finance]

Nebius Group N.V. - Class A Ordinary Shares (NBIS) 
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus Nebius Group ( NASDAQ:NBIS is doubling down on its AI ambitions, pricing a larger-than-expected $4 billion convertible note offering as demand for the deal came in strong. The company initially aimed to raise $3.75 billion, but upsized the offering, splitting it into two parts: $2.25 billion due in 2031 with a 1.25% coupon and $1.75 billion due in 2033 at 2.625%. Shares were slightly higher in premarket trading, a sign investors are comfortable with the move for now. Nebius said the funds will go toward expanding its business, which increasingly revolves around AI infrastructure. Warning! GuruFocus has detected 2 Warning Sign with META. Is META fairly valued? Test your thesis with our free DCF calculator. The raise comes right after some big-name backing. Nebius recently locked in a $27 billion, 5-year deal with Meta Platforms ( NASDAQ:META ), giving the company a major customer for its AI capabilities. On top of that, Nvidia ( NASDA Show less Read more
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