SaralnamaMicrosoft signed a ₹1.45 lakh crore AI cloud computing deal with Nebius. The 7-year agreement provides Microsoft dedicated capacity from a new data centre in New Jersey, USA. Nebius, formerly part of Russian firm Yandex, split after Ukraine invasion sanctions in 2022. The deal helps Microsoft meet high demand for AI applications and cloud services. It addresses the company's ongoing shortage of AI computing power needed for its own products and customer services. The contract could extend to ₹1.62 lakh crore if Microsoft buys additional capacity. (Updated 9 Sep 2025, 11:05 IST; source: link)
Key Points
- Microsoft signed a ₹1.45 lakh crore AI cloud computing deal with Nebius
- The 7-year agreement provides Microsoft dedicated capacity from a new data centre in New Jersey, USA
- Nebius, formerly part of Russian firm Yandex, split after Ukraine invasion sanctions in 2022