Nebius Unveils AI Cloud 3.1 with Nvidia’s Blackwell Ultra Platforms
Nebius has launched AI Cloud 3.1, a major upgrade featuring Nvidia's latest Blackwell Ultra platforms. The new release includes tools like Capacity Blocks and a real-time dashboard for tracking GPU availability. Despite heavy spending on infrastructure, the company's stock has soared this year.
The latest version of Nebius' AI Cloud introduces advanced features for enterprise users. Capacity Blocks allow businesses to reserve GPU resources in fixed amounts, while the new Capacity Dashboard provides real-time monitoring of usage and availability. These updates aim to improve efficiency for large-scale AI workloads.
Nebius has also become the first European cloud provider to run Nvidia's Blackwell Ultra systems in production. Globally, it is the only company currently deploying GB300 NVL72 platforms on 800 Gbps Nvidia Quantum-X800 InfiniBand networks. This positions the firm ahead of competitors like CoreWeave, which also specialises in AI infrastructure using Nvidia chips.
Financially, Nebius has reported net losses due to high costs from data centre expansion and GPU investments. Yet, analysts remain optimistic, maintaining a Strong Buy rating with an average price target of around $116.72 per share. Some projections even suggest a potential 103% upside, with targets reaching $164.20.
The company's stock performance reflects this confidence. Shares have jumped 192% year-to-date, driven by a 355% revenue increase in Q3 and major contracts with tech giants like Meta and Microsoft. Institutional investors hold 30.15% of Nebius shares, with the largest stakeholders including Orbis Investment Management (5.94%), Fred Alger Management (4.60%), and Vladimir Ivanov (3.18%). Public companies and individual investors together own 58.74% of the stock.
Nebius continues to expand its AI cloud capabilities with cutting-edge Nvidia hardware and new management tools. The company's aggressive infrastructure spending has led to short-term losses, but strong revenue growth and high-profile partnerships have boosted investor confidence. With shares up sharply and analysts forecasting further gains, the firm remains a key player in the AI cloud market.
