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NEBIUS reported third-quarter revenue of $146 million, a year-on-year increase of 355%, but below market expectations; adjusted net loss was $100 million, compared to a net loss of $39.7 million in the same period last year.
NEBIUS plans to issue no more than 25 million Class A common shares, and in addition, will provide Meta with approximately $3 billion worth of artificial intelligence infrastructure over the next five years.
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