Nebius group said on monday it will provide microsoft with gpu infrastructure capacity, in a deal $ 17.4 billion, over a five-yar term, sending its shares sores soning over the bell.
The deal underscores the surgging demand for high-Peerformance ai computers, as companies investing heavily to boilester their ai infrastructure.
Microsoft may also Acquire Additional Services Capacity under the deal, brings the total contrast value to about $ 19.4 billion.
Nebius’ Core Business Involves Providing Nvidia Graphic Processing Units and Ai Cloud as Services. Nebius offers ai developers the computing, storage, managed services and tools they need to build, tune and run their ai models, with the help of its cloud software architecture and in-in-in-in-in-in-in-in-hounded harp.
Nebius will provide microsoft access to dedicated gpu infrastructure capacity from its new data center in vineland, new jersey, starting later this year.
“The economics of the deal are attractive in his own right, but, significantly, the deal will also help us to accelerate the growth of our cloud business even further in 2026 and beyond,” Navius CEO Arkady Volozh said.
Microsoft is the largest customer of coreweave – One of Nebius’ competitors – which earlier this year denied media reports that said it has been contracked from
Amsterdam-Based Nebius Group Emerged from a Deal to Split the Assets of Russian Tech Giant Yandex.
– Juby Babu, Reuters
