Microsoft cloud services capacity deal
Company: Nebius
The claim, verbatim
Nebius has a five-year contract with Microsoft valued at $17.4 billion to provide cloud services and AI capacity.
Source (primary)
NBIS Stock Dips Premarket: Nebius Clears Hurdle For Microsoft Deal As Vineland Approves Data Center Expansion - TradingView (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “The companies agreed last year on a five-year contract initially worth $17.4 billion, making Vineland a key part of Nebius' plan to rapidly expand its AI capacity in the U.S.”
How we checked this
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Additional evidence
confirms NBIS Stock Dips Premarket: Nebius Clears Hurdle For Microsoft Deal As Vineland Approves Data Center Expansion - TradingView
Quote: “The companies agreed last year on a five-year contract initially worth $17.4 billion, making Vineland a key part of Nebius' plan to rapidly expand its AI capacity in the U.S.”