Nebius announces multi-billion dollar agreement with Microsoft for AI infrastructure
Summary
AMSTERDAM--(BUSINESS WIRE)--Nebius Group N.V. (NASDAQ: NBIS) (“Nebius” or the “Company”), a leading AI infrastructure co...
AMSTERDAM--(BUSINESS WIRE)--Nebius Group N.V. (NASDAQ: NBIS) (“Nebius” or the “Company”), a leading AI infrastructure company, today announced an agreement to deliver AI infrastructure to Microsoft. Under this multi-year agreement, Nebius will deliver dedicated capacity to Microsoft from its new data center in Vineland, New Jersey starting later this year. Arkady Volozh, founder and CEO of Nebius, said: “Nebius's core AI cloud business, serving customers from AI startups to enterprises, is perf.