Why Nebius Is Raising $3.7 Billion Just Weeks After Microsoft Deal
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Nebius Group N.V. has announced a $3.7 billion fundraising initiative, including a $1 billion offering of Class A shares and $2.75 billion in convertible senior notes. The funds will be used to expand data center capacity and acquire hardware. This move follows a significant contract with Microsoft to supply GPU infrastructure, enhancing investor confidence and positioning Nebius as a key player in AI infrastructure. Following the news, Nebius shares rose 2.01% to $95.27 in premarket trading.
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