Nebius’s shares have shot 49.42% on Tuesday in the stock market after the company announced the signature of a according to Microsoft worth $ 19.4 billionby which it will provide infrastructure of AI to the American technology, he explained in a statement. Specifically, the company will provide Microsoft access to GPU infrastructure capacity in sections in His new data center in Vineland, New Jersey, for a period of five years. The GPU services will be implemented in several sections for 2025 and 2026. Subject to compliance with the implementation and availability of GPU services, the total value of the contract is approximately 17.4 billion dollars until 2031. Microsoft could also acquire additional services or capacity by virtue of the agreement, which would raise the total value of the contract to approximately 19.4 billion dollars.
Arkady Volozhfounder and CEO of Nebius, highlights that «Nebius’s main business, the cloud of AI, which serves customers from AI startups to large companies, is having exceptional performance«.» We have also affirmed that, in addition to our main business, We hope to close important long -term contracts with laboratories of the leaders and large technology companies. I am pleased to announce the first of these contracts, and I think there will be more in the future. The economic aspects of the agreement are attractive by themselves, but, significantly, it will also help us to further accelerate the growth of our AI cloud business from 2026, «he adds. Nebius plans to finance the capital investment associated with the contract through a Combination of cash flow generated by the operation and emission of debt guaranteed by the short -term contractwith conditions that «will be improved by the credit quality of the counterpart.» «The company is also evaluating various additional financing options To allow significantly faster growth than initially expected and will inform the market about its financing strategy, «he concludes.