Microsoft Corp. signed a $19.4 billion deal with Nebius Group NV for additional computing power for AI services. The collaboration includes access to over 100,000 Nvidia GB300 chips. This is part of Microsoft’s $33 billion investment in neocloud companies like CoreWeave and Nscale. The deal allows Microsoft to increase AI capabilities while reducing costs. Microsoft also announced a new 900-megawatt facility in Wisconsin as part of its infrastructure investment. MSFT stock is currently trading at $518.48 on the Nasdaq.

Read more at Nasdaq: Microsoft Strikes $19.4 Bln Deal With Nebius To Boost AI Capacity