NEBIUS Group's stock soared 6.00% in after-hours trading on Wednesday, marking a significant positive reversal.
The surge is primarily attributed to the company's official launch of AI Cloud version 3.6, which introduces "Nebius Echo"—a natural language AI agent for controlling cloud infrastructure—alongside comprehensive upgrades to developer experience, security governance, and storage capabilities. This major product release was coupled with the announcement of a $2 billion direct strategic investment from NVIDIA to support Nebius's global AI data center expansion, signaling strong confidence from the chipmaking giant.
Additional supportive factors include the company's recent inclusion in the Nasdaq 100 index, which took effect recently, driving sustained passive fund allocation demand. The company also completed a $643 million acquisition of Eigen AI to bolster its inference platform's global capabilities and selected Komodor to accelerate Kubernetes troubleshooting across its hyperscale AI cloud environment.