Nebius Group Surges to Record High on $17.4B Microsoft Deal
TL;DR Summary
Nvidia-backed AI firm Nebius saw its shares surge over 40% after announcing a $17.4 billion AI infrastructure deal with Microsoft, highlighting Nvidia's dominant role in the AI hardware and infrastructure market and Nebius's rapid growth as a key hyperscale player.
- Nvidia-backed AI stock pulls off jaw-dropping deal TheStreet
- Nebius stock soars nearly 50% on Microsoft AI deal CNBC
- Why Nebius Group Stock Went to the Moon Today Yahoo Finance
- Nebius Stock Soars on Microsoft Deal. Why CoreWeave and IREN Are Also Rising. Barron's
- Nebius Group hits record high as $17.4 billion Microsoft deal affirms expansion strategy Reuters
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