
Microsoft Strikes $17.4 Billion AI Deal, Nebius Stock Soars 55%
Shares of Nebius Group (NBI.O) skyrocketed nearly 55% on Tuesday to $99.20 after the company announced a massive $17.4 billion deal to supply Microsoft (MSFT.O) with AI infrastructure over the next five years. The agreement could expand to $19.4 billion if Microsoft’s demand continues to rise, highlighting the race for high-performance AI data centers as…