It's time for me to upgrade Nebius back to a Buy. The new pivotal partnership with Palantir promises to accelerate commercial AI infrastructure growth. It has lent more credibility toward NBIS's targeted 5 GW data center compute capacity, with street estimates pointing to a $40 billion revenue opportunity by 2029. The Palantir collaboration positions Nebius as its preferred enterprise sovereign AI infrastructure provider, enhancing credibility and distribution beyond its traditional developer base.
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