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Investors question Nebius, CoreWeave amid Meta's cloud compute plans
Meta's new Meta Compute division triggers 15% drops in Nebius and CoreWeave shares as investors worry about $48B in contracts with their biggest competitor.
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thenextweb.com
Meta's best week since 2024, explained by one word: compute
Meta jumped 6% Friday and 15% on the week after unveiling Meta Compute, a plan to sell AI computing capacity to outside customers.
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benzinga.com
Why Is Nebius Stock Falling on Monday? - Nebius Group (NASDAQ:NBIS)
Nebius Group N.V. (NASDAQ: NBIS) stock fell Monday amid Meta Platforms Inc. (NASDAQ: META) competition concerns and rising AI market valuation anxiety.
