Nebius leverages Microsoft, Meta contracts for AI expansion

Share via:



Netherlands-based data centre operator Nebius will leverage recent multi-billion dollar contracts with Microsoft and Meta to build its business with traditional firms and emerging AI companies that could be future tech titans, its cofounder said.

A $17 billion deal with Microsoft in September and another $3 billion tie-up with Meta have helped propel the company’s Nasdaq-listed stock 248% higher this year, pushing its market capitalisation past $25 billion.

The firm is now widening its client base – especially given fears an AI bubble is already…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Nebius leverages Microsoft, Meta contracts for AI expansion



Netherlands-based data centre operator Nebius will leverage recent multi-billion dollar contracts with Microsoft and Meta to build its business with traditional firms and emerging AI companies that could be future tech titans, its cofounder said.

A $17 billion deal with Microsoft in September and another $3 billion tie-up with Meta have helped propel the company’s Nasdaq-listed stock 248% higher this year, pushing its market capitalisation past $25 billion.

The firm is now widening its client base – especially given fears an AI bubble is already…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Asus revised the liquid metal application on its $4,000...

Last month, reports of Asus' hyper-expensive ROG Matrix RTX...

Asus revised the liquid metal application on its $4,000...

Last month, reports of Asus' hyper-expensive ROG Matrix RTX...

CES 2026: 7 biggest news stories across TVs, laptops,...

It's a wrap for the world's largest technology trade...

Popular

iptv iptv iptv