Nebius Secures $17.4B GPU Deal with Microsoft, Signaling Shift in Mining Focus

Nebius Group’s monumental $17.4 billion agreement to supply Microsoft with graphics processing units (GPUs) over the next five years has sent shockwaves through both the crypto and tech sectors. This move marks a significant shift as it positions Nebius for broader growth beyond Bitcoin-centric operations. Analysts attribute this surge to Microsoft’s ambitious AI expansion plans, which will impact diverse industries reliant on substantial computational power. [Link to source article – BH NEWS]