Amsterdam-based neocloud Nebius reports Q2 cloud revenue up 514% YoY
Amsterdam-based neocloud Nebius reports Q2 cloud revenue up 514% YoY to $575M and total revenue of $582M, above $557M est.; NBIS rises 15%+, and is up 131% YTD
Nebius Group NV reported a 514% jump in second-quarter sales for its cloud business following strong demand for AI computing power.
Thrive Capital's Thrive Holdings, which acquires traditional service
The company, Thrive Holdings, acquires businesses to infuse them with artificial intelligence and drew interest from backers like SoftBank.

Alice & Bob Joins European Quantum Error Correction Doctoral Network
Insider Brief Press release – Alice & Bob, a leader in fault-tolerant quantum computing, is contributing its expertise in cat-qubit error correction to QuBriC, Europe’s first Marie Skłodowska-Curie Actions (MSCA) Doctoral Network dedicated to quantum error correction (QEC).…