Cloud revenue growth this quarter has been INSANE. $NBIS went from $105M in revenue a year ago to $582M this quarter. (+454% YoY) Adjusted EBITDA flipped with it, negative $21M last year to positive $236M now. $CRWV did $2.58B with $1.5B of adjusted EBITDA. None of this should surprise anyone who listened to the hyperscaler calls last month. $GOOGL Cloud grew 82% to about $25B. $MSFT Azure grew 43% and crossed $100B for the fiscal year. $AMZN has AWS running near $169B annualized and their AI and chips businesses each cleared $25B, both more than doubling. Four largest cloud businesses in the world and all of them are speeding up. The overflow goes to whoever has capacity. Right now that is $NBIS and $CRWV.