Nebius Group NV introduces Token Factory, a new AI cloud service that lets users run open source models like Llama and DeepSeek, competing with Amazon and Microsoft in the growing AI infrastructure market.
Microsoft is addressing the severe AI data center shortage and fueling its internal and customer AI demand by investing over $33 billion in "neocloud" providers, shifting infrastructure strategy, and gaining crucial financial flexibility.
Nebius secured a $17.4B-$19.4B deal to provide Microsoft with GPU infrastructure for AI, addressing Microsoft's capacity shortage. The deal boosts Nebius's growth & confirms its leadership as a "neocloud player".
