"Dutch data center company Nebius has signed billion-dollar contracts with Microsoft and Meta this year. Its share price rose 248 percent, bringing its market value to over $25 billion. With partnerships for GPU capacity and data centers in Europe and the US, the company is positioning itself as a leading "neocloud" player. In September, Nebius signed a $17 billion agreement with Microsoft, followed by a $3 billion contract with Meta."
"Co-founder Roman Chernin remains optimistic despite concerns about an AI bubble. "We are very bullish," he says. According to him, the market for AI infrastructure could grow tenfold or even a hundredfold, as companies are only just beginning to deploy AI models that are themselves rapidly evolving. As a smaller player, Nebius is preparing for more challenging times by developing high-margin services. "We should be ready (for when) the winter will come," says Chernin, who argues that Nebius can then act as a consolidator."
Nebius secured multibillion-dollar contracts with Microsoft and Meta, driving a 248 percent share-price rise and a market value above $25 billion. The company supplies GPUs and associated software for AI applications and has partnerships across Europe and the US, positioning itself as a leading neocloud provider. Nebius launched Token Factory for scalable AI inferencing supporting over sixty open-source models and operates data centers in the UK, Iceland, Finland, and France, including a Paris GPU cluster with Nvidia H200 Tensor Core GPUs. Leadership projects strong long-term demand for AI infrastructure and is building high-margin services to withstand potential market downturns.
Read at Techzine Global
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