Nebius stock price big pump 55%! Signed a 19.4 billion dollar AI cloud large orders with Microsoft.

The AI cloud infrastructure company Nebius Group, headquartered in Amsterdam, announced on Tuesday that it has reached a multi-year partnership agreement with Microsoft worth up to $19.4 billion to provide the cloud computing resources needed for AI training, which immediately sparked market attention.

This transaction will allow Nebius to receive $17.4 billion from Microsoft before 2031, and Microsoft also retains the option to further expand computing resources.

The stock price skyrocketed by 55%, and investor sentiment is high.

Inspired by this positive news, Nebius's stock price surged by 55% in pre-market trading on Tuesday, after skyrocketing by 60% in after-hours trading on Monday. As of 1:20 PM Eastern Time, the stock price continued to rise, indicating that investors are highly optimistic about the prospects of the protocol.

This wave of increase has also driven other AI cloud infrastructure stocks to rise simultaneously, such as CoreWeave's stock price, which increased by 6.6% in pre-market trading.

Nebius Background: Spun off from Yandex, received investments from Nvidia and Accel.

Nebius was originally a subsidiary spun off from the Russian tech giant Yandex, focusing on providing high-performance graphics processing units (GPU) for training and inference tasks of AI models. The company has also received investments from Nvidia and venture capital firm Accel, allowing it to rapidly rise in the global AI infrastructure market.

Microsoft further lays out AI cloud, with strong market demand remaining.

This collaboration highlights a clear trend: the demand for cloud computing resources required to train and deploy AI models continues to rise. Microsoft's choice to partner with Nebius reflects the growing dependence of the market on high-performance GPU computing platforms.

Last month, AI chip leader Nvidia also announced impressive financial results, with second-quarter revenue and profits both exceeding market expectations, and forecasts that this quarter's revenue will increase by more than 50% year-on-year, mainly due to the strong and ongoing demand for AI chips.

Nvidia's CFO Colette Kress further stated in the earnings conference that global spending on AI infrastructure could reach between 3 trillion to 4 trillion dollars by 2030, further confirming the potential of this wave of AI infrastructure investment.

The enthusiasm for the AI market remains strong, with concerns about valuation bubbles emerging.

Despite the generally optimistic outlook on AI in the market, there are also warning signs. Several industry insiders, including OpenAI CEO Sam Altman, have recently warned about the potential bubble in the AI market.

According to market news, OpenAI's valuation has skyrocketed to $500 billion, while another AI unicorn, Anthropic, completed a $13 billion financing last week, bringing its valuation to $183 billion. These astonishing valuations have also raised concerns among some investors about whether the AI funding boom might become overheated.

This article Nebius's stock price soared 55%! Signed a $19.4 billion AI cloud contract with Microsoft. First appeared on Chain News ABMedia.