Summary: Nebius Group signed a $17.4 billion deal with Microsoft to provide GPU infrastructure capacity for five years, with the potential for the contract value to reach $19.4 billion. The deal highlights the growing demand for AI compute and will accelerate Nebius’ AI cloud business growth.

Link: https://www.channelnewsasia.com/business/nebius-signs-174-billion-ai-infrastructure-deal-microsoft-shares-jump-5338896