Microsoft contract worth $17.4B-$19.4B, capacity still being built
Company: Nebius
The claim, verbatim
Nebius has a Microsoft contract worth $17.4 billion to $19.4 billion and is still building the capacity needed to deliver it.
Source (primary)
Nebius Soars 7% as a Rival’s AI Cloud Beat Lifts Neoclouds After “Reactionary” Selloff - Yahoo Finance (-, news_article)
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Quote: “Nebius's Microsoft contract is worth $17.4 billion to $19.4 billion, and Nebius is still building the capacity behind it.”
How we checked this
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Additional evidence
confirms Nebius Soars 7% as a Rival’s AI Cloud Beat Lifts Neoclouds After “Reactionary” Selloff - Yahoo Finance
Quote: “Nebius's Microsoft contract is worth $17.4 billion to $19.4 billion, and Nebius is still building the capacity behind it.”