9 September 2025 | 3:11AM BST Nebius Group (NBIS): First thoughts on the multi-billion dollar agreement with Microsoft for AI infrastructure Nebius announced on September 8 a multi-billion USD agreement with Microsoft to provide AI infrastructure from its New Jersey facility. Management highlighted this as the first of the large AI lab deals referenced at its results, and it expects more to follow. The agreement will be financed partly from the cash flow generated from the deal and partly via new debt issua ...

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 ...