CryptoNews.com.au
Shares of cryptocurrency mining firms rose sharply on Tuesday following news of a major deal between Nebius Group and Microsoft, valued at US$17.4 billion (AU$26.36 billion). The agreement, running through 2031, will see the Netherlands-based Nebius provide dedicated GPU capacity to Microsoft’s artificial intelligence operations, with the option for expansion up to US$19.4 billion (AU$29.37 […]
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Crypto Miners Surge on US$17.4B Microsoft–Nebius AI Chip Deal
Rachel Lourdesamy
21:28
Shares of cryptocurrency mining firms rose sharply on Tuesday following news of a major deal between Nebius Group and Microsoft, valued at US$17.4 billion (AU$26.36 billion). The agreement, running through 2031, will see the Netherlands-based Nebius provide dedicated GPU capacity to Microsoft’s artificial intelligence operations, with the option for expansion up to US$19.4 billion (AU$29.37
