[Nebius Group Q2 AI Cloud Revenue Soars 514%, Quarterly Revenue Reaches $582 Million] According to Deep Tide TechFlow on August 12, Bloomberg reported that Amsterdam-based cloud computing company Nebius Group NV released its Q2 2026 financial report, showing a significant year-on-year increase of 514% in its AI cloud business revenue, reaching $575 million, which accounts for the majority of the company's total revenue. The total quarterly revenue exceeded $582 million. Nebius is one of the emerging 'Neocloud' service providers, primarily meeting market demand by leasing AI computing power in data centers. Benefiting from the explosive global demand for AI computing power, the company has achieved exponential growth in its performance.