Nebius Group N.V., a leading AI infrastructure provider, has announced a multi-billion dollar agreement with Microsoft to deliver dedicated AI infrastructure from its new data center in Vineland, New Jersey, starting later this year. This deal, valued at up to $19.4 billion over five years, is set to accelerate Nebius’s AI cloud business growth in 2026 and beyond.
The multi-year agreement positions Nebius as a key player in providing GPU infrastructure for Microsoft’s AI workloads. Nebius will leverage its new Vineland, New Jersey data center to deliver high-performance computing resources, addressing the surging demand for AI infrastructure. Arkady Volozh, founder and CEO of Nebius, stated, “The economics of the deal are attractive in their own right, but, significantly, the deal will also help us to accelerate the growth of our AI cloud business even further in 2026 and beyond.”
The finance card above shows Nebius’s stock (NBIS) soaring to $95.8 on September 9, 2025, a 60% increase from the previous close of $64.06, reflecting strong market confidence following the announcement. The deal, valued at $17.4 billion with potential to reach $19.4 billion, will be financed through cash flow and debt secured against the contract, with Nebius exploring additional financing to fuel faster growth.
Nebius’s AI-native cloud platform, built with proprietary hardware and software, supports intensive AI workloads for startups and enterprises. This deal marks Nebius’s first long-term contract with a major tech company, with Volozh indicating more are expected. The partnership aligns with Microsoft’s strategy to address AI compute shortages by collaborating with third-party providers like Nebius and CoreWeave.
Beyond AI infrastructure, Nebius operates Avride for autonomous driving technology and TripleTen for tech reskilling, while holding stakes in ClickHouse and Toloka. Headquartered in Amsterdam with R&D hubs across Europe, North America, and Israel, Nebius is well-positioned to capitalize on the global AI boom.
This landmark deal with Microsoft underscores Nebius’s growing influence in the AI infrastructure market, driving significant growth and positioning the company for further expansion in 2026 and beyond. For more details, see Nebius’s SEC 6-K filing.
Nebius is a technology company building full-stack infrastructure to service the high-growth global AI industry. Headquartered in Amsterdam and listed on Nasdaq, Nebius has a global footprint with R&D hubs across Europe, North America, and Israel. Nebius’s AI-native cloud platform has been built for intensive AI workloads, offering compute, storage, managed services, and tools for AI builders.
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