Nebius Shares Rise on $775M Debt Deal Allaying Dilution Concerns
Nebius Group (NASDAQ:NBIS) shares rose 8% after the company secured a $775 million GPU-backed loan to fund its AI expansion without issuing new shares, reversing Thursday's 14% decline. The deal addresses dilution fears that had previously pressured neocloud stocks like CoreWeave.
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Topics: AI debt financing GPU infrastructure neocloud computing