$Nebius(NBIS.US) signs $1B+ compute agreement with Reflection AI, for GB300 access through 2029.
Reflection also signed a multi-billion dollar agreement with $SpaceX(SPCX.US) earlier. Interesting to say the least, seeing Nebius drop -5% off the news today. Also... counterparty to get this done kinda reminds me of OpenAI, where they might not have the funds to actually execute on these LTAs yet compared to $Meta Platforms(META.US) or $Microsoft(MSFT.US). But generally positive long term developments, customer diversification was one of the core strengths of Nebius.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments