Nebius Group Secures Multi-Billion-Dollar AI Infrastructure Deal with Microsoft

Nebius Group (NASDAQ:NBIS) is one of the worst AI stocks to invest in according to financial media. On September 8, Nebius Group announced a multi-year, multi-billion-dollar agreement with Microsoft Corp. (NASDAQ:MSFT). The deal is valued at $17.4 billion over five years, with an option for Microsoft to acquire additional services that could bring the total contract value to ~$19.4 billion. Under the agreement, Nebius will provide Microsoft with dedicated AI infrastructure capacity from its new data cente ...