Nebius Executive Reports Rising AI Computing Prices Amid Neocloud Business Model Scrutiny
Nebius Chief Revenue Officer Marc Boroditsky told CNBC that AI computing prices are rising faster than expected, noting upward mobility in price per megawatt. These comments come as investors express concern regarding the high debt loads and borrowing costs associated with 'neocloud' companies building massive AI infrastructure. Boroditsky differentiated Nebius from competitors like CoreWeave by stating the company does not carry similar levels of debt. He projected strong long-term demand, suggesting that if Nebius brings its 2027 capacity online, it would likely sell out immediately. This bullish outlook is supported by observations from other industry players, such as Crusoe's CEO, who noted that even older Nvidia chips are commanding higher rental prices than in previous years.
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Topics: AI Infrastructure Cloud Computing Prices Data Center Economics Neocloud Business Models