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European Data‑Centre Operator Nebius Rockets After Major AI‑Sector Deals with Microsoft and Meta
Nebius shares surge after securing major AI‑infrastructure contracts with Microsoft and Meta, boosting its market cap above $25 bn.
Nebius a Netherlands‑based data‑center firm saw its Nasdaq‑listed shares surge after landing major multi‑billion‑dollar contracts with Microsoft and Meta to supply advanced GPU and AI infrastructure. The firm’s market cap crossed $25 billion in 2025 as demand for AI‑ready cloud services soared, especially from enterprises shifting to AI‑supported workflows. Nebius plans to ramp up power capacity to 2.5 GW by 2026 to meet rising demand.