Nebius tests the neocloud playbook with $40 billion in planned spending
TechCrunch | 12.11.2026 23:27
In its third-quarter earnings call Thursday, the neocloud company Nebius laid out $40 billion in planned spending for 2027, far more than Wall Street had expected. It’s an ambitious plan, but it rests on a string of planned projects that are already starting to show cracks.