Stock Track | NEBIUS Soars 5.67% in Pre-Market on $1 Billion+ Computing Deal with Reflection AI

Stock Track

07/14

NEBIUS (NBIS) stock surged 5.67% in pre-market trading on Tuesday, as investors reacted positively to a major business development announced earlier in the session.

The significant price movement follows news that the company has agreed to a computing power deal worth over $1 billion with AI startup Reflection. The agreement, which runs through 2029, grants Reflection access to Nvidia's advanced GB300 AI chips via Nebius's infrastructure.

This substantial contract represents a significant revenue stream for Nebius and comes amid intense competition among AI startups to secure computing capacity for training and running their models. The deal highlights Nebius's position in the high-demand AI infrastructure market and has boosted investor confidence in the company's growth prospects.

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