Microsoft signs $19.4 billion deal with Nebius for AI computing power

Microsoft secured a $19.4 billion deal with Nebius Group NV, gaining access to over 100,000 Nvidia GB300 chips for its AI projects. This move addresses the global AI data center capacity shortage, allowing Microsoft to free up its own servers for customer services. The company has committed over $33 billion to neocloud providers for rapid AI infrastructure expansion.