Nebius's capital expenditure reached $7.3 billion in the third quarter, with a net cash outflow of $273 million from operating activities.

Glonghui, November 12 – In the third quarter, Nebius Group’s expenditure on property equipment and intangible assets reached $7.3004 billion, compared to $955.5 million in the same period last year. Net cash outflow from operating activities of continuing operations amounted to $273 million, versus a net outflow of $80.6 million in the same period last year. As of September 30, the company’s cash and cash equivalents stood at $7.4256 billion, with total cash and restricted cash at $8.6411 billion.