All articles tagged with #gpu capacity
Microsoft has secured a $17.4 billion AI-compute deal with Nebius to boost GPU capacity, support Azure's growth, and mitigate supply chain constraints, which is seen as a positive catalyst for its stock and AI expansion.
Nebius signs a $17.4 billion, five-year deal with Microsoft to provide GPU infrastructure, boosting its shares by over 47%, as demand for AI compute power surges. The deal includes potential additional services, totaling about $19.4 billion, and highlights Nebius's role in supporting AI development through its cloud and hardware offerings.