Nebius, a prominent neocloud infrastructure company, reported that AI computing prices are rising faster than anticipated, reinforcing its bullish outlook on the sector. Chief Revenue Officer Marc Boroditsky stated that the company is witnessing continued upward mobility in price per megawatt during recent capacity auctions, driven by intense demand for compute power that significantly outpaces supply. Unlike competitors such as CoreWeave, which faces investor scrutiny due to high debt levels and credit spread widening, Nebius emphasizes its distinct financial position with minimal leverage. Boroditsky noted that even if the company brings its 2027 capacity online, it would sell out immediately, suggesting a robust longer-term demand dynamic expected to persist into 2028 as enterprises race to secure AI resources. The broader market reaction validated Nebius's positive sentiment; shares rose following SpaceX's report of ninefold revenue growth in its AI business and strong pricing power. Industry peers like Crusoe also highlighted that older Nvidia chips are commanding higher rental prices than at launch, indicating that Nebius can effectively monetize its infrastructure regardless of rapid hardware iteration cycles. Executives from multiple neocloud firms attribute the favorable economics to advanced model capabilities creating immense value for compute infrastructure. This consensus suggests that Nebius is well-positioned to navigate the current market scrutiny surrounding debt-heavy AI builders, leveraging a supply-constrained environment to drive revenue growth and profitability.