Nebius, a fully owned subsidiary of Nebius Group, has formalised a commercial agreement with Microsoft, granting the tech giant access to dedicated GPU infrastructure capacity at its newly established data centre in Vineland, New Jersey. This agreement, which spans five years, will see the provision of GPU services in multiple phases throughout 2025 and 2026. The total value of the contract is approximately $17.4bn extending through to 2031, contingent upon the successful deployment and availability of t ...