Shares of AI infrastructure firm Nebius Group NV (NASDAQ:NBIS) are surging on Friday, building on momentum from the previous session. The rally is fueled by a combination of company-specific news and a favorable broader market environment. What To Know: This week, Nebius announced its autonomous driving subsidiary, Avride, secured up to $375 million in funding from Uber and Nebius itself. …
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We recently published 14 Stocks Jim Cramer Discussed As He Shared Insights For Nuclear And Quantum Stocks. Nebius Group N.V. (NASDAQ:NBIS) is one of the stocks Jim Cramer recently discussed. As the conversation focused on speculative stocks, Nebius Group N.V. (NASDAQ:NBIS) came to Cramer’s attention. The shares have gained 247% year to date, and Cramer’s previous remarks about the firm …
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Nebius (NBIS) stock rallied on Thursday alongside reports that it has signed a deal with Microsoft (MSFT) to provide the tech giant with computing power for its artificial intelligence (AI) applications. According to insiders, the deal between Microsoft and Nebius will provide the AI cloud computing company with $19.4 billion for access to its more than 100,000 Nvidia (NVDA) GB300 …
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Earlier this month, Microsoft (MSFT) inked a $17.4 billion AI-compute deal with AI infrastructure firm Nebius (NBIS), and it appears to be one of those quiet catalysts that Wall Street may notice late. In an AI world starved for GPUs, power, and floor space, this deal buys time in the form of fast, ready capacity while Microsoft builds out its …
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Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Sopa Images | Lightrocket | Getty Images Shares of artificial intelligence infrastructure firm Nebius Group soared nearly 50% Tuesday, a day after the company disclosed a multi-billion-dollar deal with Microsoft. The Amsterdam-based firm announced it had struck a multi-year …
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