Nebius Signs $17.4 Billion AI Infrastructure Deal with Microsoft

Nebius Group agreed on Monday to supply Microsoft with GPU infrastructure capacity under a five-year, $17.4 billion contract, sending NBIS shares up 33 percent in after-hours trading.

Nut Graf

The landmark agreement underscores surging enterprise demand for generative AI compute and positions Nebius as a leading provider of large-scale data-center solutions.

Deal Details

• Term: Five years
• Value: $17.4 billion
• Scope: Provision of GPU infrastructure capacity to Microsoft’s AI platforms

Market Reaction

NBIS shares leapt 33 percent in after-hours trading following the announcement, reflecting investor confidence in Nebius’s growth trajectory.

Industry Context

Demand for AI infrastructure has intensified as tech giants race to enhance generative AI capabilities. The deal marks one of the largest single-vendor AI hardware agreements to date and may prompt competitors to pursue similar partnerships.

Outlook

Nebius plans to expand its data-center capacity to meet growing orders and anticipates that this partnership will drive its annualized revenue run-rate toward a billion-dollar target by early 2026.