Nebius Shares Surge 40% Following Microsoft AI Deal

1 min read
Source: CNBC
Nebius Shares Surge 40% Following Microsoft AI Deal
Photo: CNBC
TL;DR

Shares of Nebius soared 40% after announcing a multi-billion-dollar cloud computing deal with Microsoft worth up to $19.4 billion, highlighting strong demand for AI infrastructure and GPU training capabilities.

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