Nebius surges on Microsoft deal

Welcome back. Shares of Amsterdam based Nebas the beneficiary of Microsoft's latest AI deal. Our Christina departs Nevos is tracking that move for us this morning and it's a big move KP.Yeah, no doubt. So you mentioned this deal. It's a massive deal worth of 19 billion with Nebius for AI infrastructure through 2031.But the real story really isn't the price tag although big. It's what Microsoft chose not to build. Despite record capital spending, Microsoft decided to rent GPU capacity rather than expand its ...