$NBIS (-5,02 %)
$MSFT (-0,13 %)
Nebius $NBIS (-5,02 %) has signed with Microsoft $MSFT (-0,13 %) a multi-year, multi-billion dollar AI infrastructure contract. The services will be provided this year from the new data center in Vineland, New Jersey, and the financing is secured by the contract. CEO Arkady Volozh said that this is the first of several planned agreements.
20 billion dollar deal over 5 years.
That's $4 billion per year from Microsoft $MSFT (-0,13 %)
Nebius forecasts a turnover of 625 million US dollars by the end of 2025. Microsoft's turnover alone would multiply the growth in turnover compared to the previous year.
