Nebius Group N.V. closed a private offering of convertible senior notes with aggregate gross proceeds of approximately $5.75 billion. The issuance consists of two series: $3.45 billion in principal amount of 0.50% Convertible Senior Notes due 2030 and $2.3 billion in principal amount of 4.50% Convertible Senior Notes due 2034, including full exercise of over-allotment options for an additional $750 million. Concurrently, the company exchanged $800 million aggregate principal of existing notes (2029 and 2031 series) for approximately 15.8 million Class A ordinary shares through individually negotiated transactions with a limited number of holders. Net proceeds will finance data center construction, AI cloud development, GPU procurement, and general corporate purposes. Nebius Group N.V. operates in the artificial intelligence infrastructure industry, providing full-stack cloud computing platforms for developers and enterprises.

Nebius Group N.V. priced a $5.0 billion upsized private offering of convertible senior notes, consisting of $3.0 billion in 0.50% notes due 2030 and $2.0 billion in 4.50% notes due 2034. The offering includes options for up to an additional $750 million in principal. Concurrently, the company exchanged $800 million of existing convertible notes (2029 and 2031 series) for approximately 15.8 million Class A ordinary shares. Net proceeds are estimated at $4.94 billion, rising to $5.68 billion if options are exercised, with funds allocated to data center construction, GPU procurement, and AI cloud development. The company operates in the artificial intelligence cloud infrastructure industry.

Nebius Group N.V. announced a proposed private offering of $4.50 billion in aggregate original principal amount of convertible senior notes on August 19, 2026. The issuance consists of two series: $2.75 billion of convertible notes due 2030 and $1.75 billion due 2034. An option to purchase up to an additional $375 million of the 2030 Notes and $300 million of the 2034 Notes is also expected. Proceeds will fund data center construction, AI cloud development, GPU procurement, and general corporate purposes. Concurrently, the company may enter into privately negotiated exchanges with holders of existing convertible notes due 2029 and 2031 to swap debt for Class A ordinary shares. Nebius Group operates in the artificial intelligence infrastructure industry as a full-stack AI cloud provider.

Nebius Group N.V. reported unaudited financial results for the three and six months ended June 30, 2026. Total revenues surged 454% year-over-year to $582.3 million in Q2 2026, driven by a 514% increase in its Nebius AI cloud segment to $574.9 million. Net loss from continuing operations widened to $190.4 million in Q2 2026 compared to net income of $502.5 million in the prior year period, primarily due to a non-recurring $597.4 million gain on ClickHouse investment revaluation in 2025 and increased operating costs from infrastructure scaling. The company acquired MagicByte AI (Eigen AI Labs) and completed acquisitions of Tavily and ClarifAI, paying $251.6 million for these businesses net of cash. Cash and cash equivalents rose to $8.04 billion as of June 30, 2026, supported by $9.16 billion in financing proceeds from convertible notes and equity sales. Nebius Group operates in the artificial intelligence cloud infrastructure industry, providing full-stack AI compute, software, and services alongside autonomous vehicle technology and edtech platforms.