0NBIS Overview

Growth of GPU-as-a-Service: The demand for GPU-as-a-service is rapidly increasing across various sectors, with expectations for robust growth in the coming years, particularly among model builders and application providers.

Core Weave's Position: Core Weave, while experiencing significant business growth and excelling in raw computing power, is currently in a hybrid model relying on third-party data center operators, which poses risks of losing capacity to competitors.

Core Scientific's Strengths: Core Scientific operates at the opposite end of the spectrum, focusing on AI-capable infrastructure and offering tools for managing cloud-based services, although it lacks a developer platform compared to its competitors.

Nebius Group's Advantages: Nebius Group stands out as a top choice for GPU-as-a-service investment in 2026, with no Bitcoin exposure and a strong position in the EU market, expected to see substantial revenue growth driven by partnerships with hyperscalers.

Growth and Mid-Cap Stocks: Growth and mid-cap stocks often share market space, typically representing early-stage companies that can deliver significant upside if execution is successful, but they also carry higher volatility compared to established large-cap leaders.

DLocal's Performance: DLocal, a payments company, has shown impressive revenue growth and operational performance, enabling global merchants to accept local payment methods across various regions, and has recently stabilized after a volatile period post-IPO.

Pagaya Technologies: Pagaya focuses on AI-driven credit underwriting, partnering with banks to enhance loan approval rates while managing risk through machine learning, and has demonstrated strong revenue growth and profitability in recent quarters.

Nebius Group's Growth Potential: Nebius Group is recognized for its exceptional growth potential in AI infrastructure, with a diversified ecosystem that includes AI cloud computing and autonomous vehicle technology, positioning itself as a leading mid-cap growth story in the market.