Investor argues Nebius is a modern AI hyperscaler in the making, not just a NeoCloud
pdamodaran · x · 2026-11-13
Investor pdamodaran lays out a bull case for $NBIS (Nebius): traditional hyperscalers carry software welded to their infrastructure, while Nebius's asset-light model is just the tip — the real opportunity is licensing software layers as a platform alongside compute.
He acknowledges the latest earnings had blemishes but trusts management (Roman Chernin et al.) to navigate, concluding Nebius "is not a NeoCloud, it's a modern AI hyperscaler in the making."
More from Venture
- LangChain raises $300M at $3B valuation, betting on agent platform LangSmith — HamelHusain · 2026-11-14
- Bindu Reddy: the AI bubble bursting is a very good thing — bindureddy · 2026-11-14
- Substack creator hit by refund fraud: 13 accounts, instant refunds, $130 lost — petergyang · 2026-11-14
- Nvidia and Anthropic are rivals in rhetoric, intertwined in equity — kevinsxu · 2026-11-14
- Polymarket puts Arm CEO Rene Haas at 33% to succeed Jensen Huang after FT report of Nvidia board approach — Polymarket · 2026-11-14
- AmphoraDB launches serverless databases for agent swarms, paid per statement in stablecoins — banteg · 2026-11-14