Nebius Group N.V. (NBIS) Highlights 400% Revenue Growth and Major Infrastructure Gains in 2024 Sustainability Report

Given the company’s popularity among hedge funds and the bullish sentiment surrounding it, Nebius Group N.V. (NASDAQ:NBIS)  makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.

Nebius Highlights 400% Revenue Growth and Major Infrastructure Gains in 2024 Sustainability Report

A computer screen showcasing Artificial Intelligence and Machine Learning algorithms at work.

The company is experiencing strong growth while also emphasizing sustainability and operational efficiency, as evident in its 2024 Sustainability Report, published on July 11, 2025. The report highlights a 20% lower total cost of ownership (TCO) for customers, indicating increased infrastructure efficiency and effectiveness, and power usage effectiveness (PUE) of 1.1, indicating optimal performance of its data centers.

Moreover, Nebius Group N.V. (NASDAQ:NBIS) achieved 10 GWh in energy savings, representing a substantial reduction in energy usage. Meanwhile, the company’s flagship Finnish data center successfully demonstrated its heat recycling ability, as it powered 65% of a local municipality’s heating through recycling. At the same time, 94% of the data center’s energy was generated from low-carbon sources, increasing the company’s attractiveness to eco-conscious partners and clients.

The company’s financial growth is moving hand-in-hand with its sustainability efforts. For Q1 2025, Nebius Group N.V. (NASDAQ:NBIS) reported a 4x growth in its revenue with a 7x growth in its annualized run rate revenue. The company accumulated $1.4 billion in cash by the quarter end, enabling continued investment as it looks ahead to a $2 billion CapEx for 2025. Its partnership with NVIDIA and Metalamma further strengthens its competitive position.

Nebius Group N.V. (NASDAQ:NBIS), based in the Netherlands, builds scalable AI infrastructure platforms, such as cloud solutions, autonomous systems, and developer tools, catering to the global AI industry.

While we acknowledge the potential of NBIS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NBIS and that has 100x upside potential, check out our report about this cheapest AI stock.

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