Yahoo Finance·2025-09-10 15:59Core Insights - Nebius Group N.V. (NASDAQ:NBIS) experienced a significant stock surge of 49.42% to close at $95.72 following the announcement of an $18 billion cloud computing deal with Microsoft Corp [1][2]. Group 1: Deal Announcement - Nebius Group secured a multi-year agreement with Microsoft to provide AI infrastructure from its new data center in Vineland, New Jersey [2]. - The company plans to finance the capital expenditure related to this contract through cash flow generated from the deal and debt issuance [2][3]. Group 2: Business Performance - Nebius's core AI cloud business is performing exceptionally well, catering to a diverse range of clients from AI startups to large enterprises [4]. - The CEO of Nebius Group, Arkady Volozh, expressed optimism about securing additional long-term contracts with leading AI labs and major tech companies [4][5]. Group 3: Future Growth Strategy - The company is evaluating various financing options to enable faster growth than initially planned and will provide updates on its financing strategy in the future [3]. - The recent deal is expected to significantly accelerate the growth of Nebius's AI cloud business beyond 2026 [5].