News
Nebius CEO targets $8 billion ARR and 5 GW power capacity by year‑end
Nebius CEO Arkady Volozh stated the company aims to become one of the world’s largest AI cloud providers. He said Nebius targets approximately $8 billion in annual recurring revenue by the end of the year. This translates to roughly $9 million in ARR per megawatt of power capacity. The firm is working to secure 5 GW of contracted power and bring that capacity online.