Microsoft signs $20 bn AI cloud power deal with Nebius, the firm that spun out from Russian internet giant
Microsoft has signed a deal with Nebius, the firm that spun out of Russian internet giant Yandex last year, to get artificial intelligence (AI) cloud computing power for the next seven years that could be worth nearly $20 billion. The Microsoft-Nebius deal is worth $17.4 billion and will run till 2031 but the terms allow …