Nebius Group NV Secures Multi-Billion Dollar AI Infrastructure Deal with Microsoft

Reuters
Sep 09
Nebius Group NV Secures Multi-Billion Dollar AI Infrastructure Deal with Microsoft

Nebius Group N.V. $(NBIS)$, a leading AI infrastructure company, has announced a multi-billion dollar agreement with Microsoft to deliver AI infrastructure. This deal will enable Nebius to provide dedicated capacity to Microsoft from a new data center in Vineland, New Jersey, starting later this year. The agreement marks a significant milestone for Nebius, as it aims to accelerate the growth of its AI cloud business in 2026 and beyond. Founder and CEO Arkady Volozh expressed confidence in securing more long-term contracts with leading AI labs and big tech companies. The company plans to finance the associated capital expenditure through cash flow from the deal and issuing debt secured against the contract, while also exploring additional financing options for faster growth. More details can be found in the Company's 6-K filed with the SEC.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nebius Group NV published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2194572_en), on September 08, 2025, and is solely responsible for the information contained therein.

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