How did Nebius Group's revenue and expenses shift in Q4 2024 compared to previous quarters?

**Nebius Group's Revenue and Expenses Shift in Q4 2024**: 1. **Revenue Increase**: - Nebius Group saw a significant surge in revenue during Q4 2024, with total revenues amounting to $37.9 million. - This marked a notable jump from the previous quarter, indicating a strong performance in its core AI infrastructure business, which grew by 602% year-over-year. 2. **Net Income Loss**: - Despite the revenue surge, Nebius Group reported a substantial net loss of $136.6 million for Q4 2024. - The net loss from continuing operations for the full year 2024 was even more stark at $396.9 million, with an adjusted EBITDA loss of $266.4 million for the same period. 3. **Expenses Insights**: - Specific details about Nebius Group's expenses for Q4 2024 are not available. - However, the company's selling and marketing expenses accounted for 13.4% of net revenues for the full year of 2024, a notable figure suggesting significant investment in sales and market activities. 4. **Strategic Investments and Future Outlook**: - Nebius Group's aggressive expansion into AI infrastructure is evident, with plans to build out full-stack AI infrastructure across key markets. - The company's partnership with NVIDIA to integrate advanced AI solutions is a strategic move that could bolster its market position and revenue potential. In conclusion, Nebius Group experienced a substantial revenue boost in Q4 2024, primarily driven by explosive growth in its AI infrastructure business. However, this was accompanied by increased expenses, notably in sales and marketing, and a significant net loss. The company's strategic investments and partnerships, such as with NVIDIA, suggest a forward-looking approach to capitalize on the growing AI infrastructure demand, despite current financial losses.