Stocks

“Nebius stock soars nearly 50% on Microsoft AI deal”

“The Amsterdam-based company announced a multi-year deal with Microsoft to provide infrastructure for AI workloads.

Nebius, which was spun out from Russian internet giant Yandex in 2023, provides graphics processing units — or GPUs — for training AI models.

The development suggests there’s continuing demand for AI infrastructure despite recent fears that the market may be in a bubble…”

https://www.cnbc.com/2025/09/09/nebius-nbis-soars-after-ai-infrastructure-deal-with-microsoft-msft.html

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