Key Takeaways Nebius confirmed $2B in 2025 capex to expand data centers and AI infrastructure capacity.Revenues surged 625$105.1M in Q2, driven by GPU demand and near-peak utilization.CoreWeave, Microsoft and others are scaling capex aggressively to capture AI infrastructure demand.Nebius Group N.V. (NBIS) reaffirmed the $2 billion capital expenditure plan for 2025 on its latest earnings call as it doubles down on capacity expansion to gain market share in the fast-growing AI infrastructure space. The ...