Nebius (NBIS) is on Microsoft (MSFT) AI

Artificial Intelligence Infrastructure Company Nabius Group It rose in the American market trade on Tuesday, after the company announced a deal of billions of dollars with Microsoft.

NEBIUS shares increased by 51 % at 10:39 am London time (05:39 AM Et)

The company, which is based in Amsterdam, has announced that it had concluded a multi -year deal with Microsoft with a value of $ 19.4 billion to provide cloud computing energy for the burdens of artificial intelligence work. NEBIUS, which was stopped by the Russian Yandex giant in 2023, provides graphics processing units – or graphics processing units – to train artificial intelligence models.

The value of the deal is 17.4 billion dollars until 2031 to Nebius, which is the likes of NVIDIA and Access as investors. Microsoft may also get an additional computing capacity under the arrangement.

NEBIUS shares increased by 60 % on Monday in the extended trading and continued to rise on Tuesday amid the investor’s excitement about the deal. The news also strengthened the shares of an infrastructure for Amnesty International competing CoruvWhich rose 6.6 % in the pre -market trade.

The Nebius-Microsoft Agreement suggests that the demand for strong computing equipment needed to train and operate advanced artificial intelligence systems is still strong.

Last month, NVIDIA, the largest player in Amnesty International’s infrastructure, told better profits and revenues than expected during the three months to June and said it expects sales growth for the current quarter exceeds 50 %, amid the constant demand for artificial intelligence chips.

The financial manager of NVIDIA COLETTE Kress said at the company’s profit call at the time that she expects between 3 trillion dollars and $ 4 trillion in spending on Amnesty International’s infrastructure by the end of the contract.

The markets were shaken last month after the CEO of Openai Sam Altman has raised a number of experts and analysts that the artificial intelligence market may be in a bubble.

The assessments of private artificial intelligence companies have increased in the past three years. Openai is It has been reported that it is achieving an evaluation of $ 500 billionWhile Antarbur last week, it guaranteed a A $ 13 billion financing round, rating of $ 183 billion.