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1014 Microsoft signs $20 bn AI cloud power deal with Nebius, the firm that spun out from Russian internet giant

Firstpost Tech
FP News Desk @ Firstpost Tech · 09/09/2025 01:09 EDT

Microsoft signs $20 bn AI cloud power deal with Nebius, the firm that spun out from Russian internet giant

Microsoft has signed a deal to the tune of nearly $20 billion with Nebius, the firm that spun out of Russian internet giant Yandex, for cloud infrastructure to run artificial intelligence (AI) applications.

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