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Amsterdam’s Nebius shares soar 51% after sealing €16.5B AI infrastructure deal with Microsoft

by TheAdviserMagazine
5 months ago
in Startups
Reading Time: 1 min read
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Amsterdam’s Nebius shares soar 51% after sealing €16.5B AI infrastructure deal with Microsoft
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Amsterdam-based Nebius Group, an AI infrastructure company, today announced a new agreement for five years (till 2031) to deliver AI infrastructure to Microsoft, valued at around $19.4B (approximately €16.5B).

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