Latest News About NBIS shares tumble after new AI data center model reveal

NBIS stock fell nearly eight percent after announcing a scalable AI data center partnership model. Nebius introduced this strategy to meet growing AI compute needs supported by strong Q2 performance. Nvidia-backed Nebius made the model public on Thursday. Bloom Energy secured a $1.7 billion deal for power solutions at its data centers. Trading volumes jumped on the announcement. A 2X leveraged NBIS ETF launched alongside the move.