September 10, 2025

finance  
microsoft, nvidia and google Updates

The artificial intelligence sector continues to see significant investment and strategic partnerships. Nebius Group has secured a substantial five-year deal with Microsoft worth $17.4 billion, potentially reaching $19.4 billion, to provide GPU infrastructure capacity from its new data center in Vineland, New Jersey. This agreement, which leverages Nvidia's computing power, is expected to accelerate Nebius's AI cloud business growth and has already caused its shares to surge significantly. Meanwhile, Google Cloud is also reporting substantial financial gains from its AI services, with CEO Thomas Kurian stating the company has generated billions from AI products. Google Cloud's second-quarter revenue increased by 32% year-over-year, reaching $13.62 billion, and its customer backlog stands at $106 billion. In the realm of AI hardware, analysts suggest OpenAI might be a new $10 billion customer for Broadcom's custom AI chips (XPUs). On the competitive front, Baidu's stock rose following an upgrade to its AI reasoning model, X1.1, which the company claims surpasses competitors like OpenAI's GPT-5 and Google Gemini 2.5 Pro. The broader impact of AI investment is also evident in corporate finance, with S&P 500 companies reportedly cutting share buybacks to fund increased capital expenditures on AI. In other AI-related news, security startup Geordie has launched with $6.5 million to focus on securing agentic AI adoption, and the proposed AI GAIN Act, aimed at prioritizing domestic chip orders, faces scrutiny from Nvidia over potential impacts on global competition.

Key Takeaways

  • Nebius Group secured a five-year deal with Microsoft worth $17.4 billion, potentially reaching $19.4 billion, for AI GPU infrastructure.
  • Nebius's shares surged significantly, with some reports indicating increases of over 40% following the Microsoft deal announcement.
  • Google Cloud generated billions from AI services, with its second-quarter revenue up 32% year-over-year to $13.62 billion.
  • Google Cloud's customer backlog has reached $106 billion, indicating strong future demand.
  • OpenAI is reportedly a potential new $10 billion customer for Broadcom's custom AI chips (XPUs).
  • Baidu's AI reasoning model X1.1 has been upgraded, with the company claiming it outperforms models like Google Gemini 2.5 Pro and OpenAI's GPT-5.
  • S&P 500 companies are reducing share buybacks to increase capital expenditures on AI, which rose 24%.
  • Security startup Geordie launched with $6.5 million in funding to provide security for AI agents.
  • The proposed AI GAIN Act could restrict global chip competition, according to Nvidia.
  • Nebius's AI cloud services utilize Nvidia computing hardware.

Nebius lands $17.4B Microsoft AI deal, shares surge

Nebius Group announced a five-year deal worth $17.4 billion to provide Microsoft with GPU infrastructure capacity. This deal, which could reach $19.4 billion, highlights the high demand for AI computing power. Nebius will supply dedicated GPU infrastructure from its new data center in Vineland, New Jersey, starting later this year. The agreement is expected to significantly accelerate Nebius's AI cloud business growth. The company's shares jumped over 47% following the announcement.

Nebius stock jumps 55% on $17.4B Microsoft AI infrastructure deal

Nebius Group's shares surged nearly 55% to $99.2 after announcing a $17.4 billion deal to supply AI infrastructure to Microsoft over five years. The agreement, potentially worth $19.4 billion, underscores the intense demand for high-performance AI data centers. This deal is expected to boost Nebius's market capitalization significantly. Analysts believe Nebius is well-positioned for future growth with other major clients.

Nebius shares climb 55% after $17.4B Microsoft AI deal

Nebius Group's stock surged nearly 55% to $99.2 on Tuesday due to a $17.4 billion deal to provide AI infrastructure to Microsoft over five years. The contract could increase to $19.4 billion if Microsoft needs more capacity. This agreement highlights the growing need for powerful AI data centers globally. The stock's rise adds approximately $7.7 billion to Nebius's market value.

Nebius stock up 41% on $17.4B Microsoft AI infrastructure deal

Nebius Group's shares jumped 41% to $90.3 after announcing a $17.4 billion deal to supply AI infrastructure to Microsoft over five years. The deal could expand to $19.4 billion, reflecting the high demand for AI data centers. Analysts suggest this positions Nebius to attract more major customers. Microsoft is seeking third-party providers to meet its growing AI cloud infrastructure needs.

Nebius stock hits record high on $17.4B Microsoft AI deal

Nebius Group's shares surged nearly 44% to a record high of $91.75 following a $17.4 billion deal to supply AI infrastructure to Microsoft over five years. The agreement could reach $19.4 billion, emphasizing the demand for advanced AI data centers. CEO Arkady Volozh stated the contract will accelerate Nebius's AI cloud growth. The company provides full-stack AI cloud services using Nvidia computing.

Nebius hits record high with $17.4B Microsoft AI deal

Nebius Group shares jumped nearly 44% to a record high after announcing a $17.4 billion deal to supply AI infrastructure to Microsoft over five years. The contract could increase to $19.4 billion, highlighting the strong demand for AI data centers. CEO Arkady Volozh believes the deal will accelerate Nebius's AI cloud growth. The company provides AI cloud services using Nvidia computing from its new data center in Vineland, New Jersey.

Nebius shares soar 43% on $17.4B Microsoft AI infrastructure deal

Nebius Group shares surged 43.3% to $91.75 on Tuesday after announcing a $17.4 billion deal to provide AI infrastructure to Microsoft over five years. The agreement, potentially worth $19.4 billion, highlights the high demand for AI data centers. Nebius will supply dedicated GPU infrastructure from its new data center in Vineland, New Jersey. CEO Arkady Volozh expects the contract to accelerate AI cloud growth.

Nebius shares jump 51% on multi-billion dollar Microsoft AI deal

Nebius Group's stock soared 51% in premarket trading following the announcement of a multi-year deal with Microsoft worth up to $19.4 billion for AI workloads. The deal, valued at $17.4 billion through 2031, will see Nebius provide cloud computing power using graphics processing units (GPUs). This agreement underscores the strong demand for AI infrastructure. Rival CoreWeave also saw its shares rise on the news.

Nvidia supplier Nebius shares surge 48% on Microsoft AI deal

Nebius Group shares jumped about 48% in premarket trading after announcing a multi-year agreement with Microsoft valued at up to $19.4 billion. The Amsterdam-based company, which supplies Nvidia graphics processors for AI training, will provide computing resources to Microsoft from a New Jersey data center. This deal addresses Microsoft's need for AI cloud infrastructure. Nebius plans to accelerate its expansion with new financing.

Google Cloud uses AI to boost business and revenue

Google Cloud is using its advanced AI technology, including custom chips and models, to grow its cloud computing business. CEO Thomas Kurian stated that the company has already generated billions from AI. Google Cloud's second-quarter revenue increased by 32% year-over-year, driven by AI workloads. The company's operating profit also saw a significant rise. Google Cloud has a backlog of $106 billion in customer demand.

Google Cloud makes billions from AI products

Google Cloud CEO Thomas Kurian explained how the company is generating billions of dollars from its AI services. Revenue from Google Cloud increased 32% year-over-year to $13.62 billion in the second quarter. Kurian detailed monetization strategies including consumption-based pricing for AI infrastructure, subscriptions for services like Gemini and Workspace, and upselling to higher-tier products. Google Cloud's customer backlog has reached $106 billion.

AI GAIN Act could restrict global chip competition

The proposed AI GAIN Act aims to prioritize U.S. chipmakers' domestic orders for advanced processors. Supporters believe it will enhance U.S. competitiveness and national security. However, Nvidia argues that the act could restrict global competition and negatively impact the U.S. economy. The bill is part of U.S. efforts to manage trade in advanced technology.

Geordie launches with $6.5M for AI agent security

Security startup Geordie has launched with $6.5 million in funding to provide security for agentic AI adoption. The platform offers enterprises real-time visibility, risk intelligence, and control for managing autonomous AI agents. Geordie addresses challenges like unpredictable behavior and goal drift associated with AI agents. The company's platform is vendor-agnostic and includes a real-time risk mitigation engine called 'Beam'.

Roblox and Lemonade: Two AI stocks with 10x potential

Roblox and Lemonade are identified as two AI stocks with the potential for 10x returns, despite execution risks. Roblox has shown strong growth in daily active users and bookings, expanding its appeal beyond gaming to an all-ages ecosystem. Lemonade is using AI to improve the insurance customer experience, showing impressive customer growth and progress toward profitability. Both companies have significant market opportunities ahead.

Baidu stock rises on upgraded AI model X1.1

Baidu's stock increased after the company announced an upgrade to its AI reasoning model, X1.1. The updated model shows a 34.8% improvement in knowledge accuracy and enhanced agentic capabilities. Baidu claims its model outperforms competitors like OpenAI's GPT-5 and Google Gemini 2.5 Pro. The upgraded model is available to corporate customers via Baidu Cloud and to individual users through other platforms.

OpenAI could be Broadcom's new $10B AI customer

Analysts suggest that OpenAI may be Broadcom's new $10 billion customer for custom artificial intelligence chips, known as XPUs. Broadcom announced securing this large customer during its earnings call, leading to a significant stock increase. This deal highlights the growing demand for specialized AI hardware. Broadcom's AI semiconductor revenue has shown strong year-over-year growth.

Nvidia-backed Nebius announces $17.4B Microsoft deal

Nebius, an AI firm backed by Nvidia, announced a $17.4 billion deal with Microsoft to supply dedicated AI computing capacity. The five-year agreement, which could reach $19.4 billion, will utilize Nebius's new data center in Vineland, New Jersey. CEO Arkady Volozh stated the deal will accelerate Nebius's AI cloud business growth. This partnership leverages Nvidia's hardware and software ecosystem.

AI spending causes S&P 500 companies to cut share buybacks

Goldman Sachs reports that surging investments in AI by S&P 500 companies have caused a halt in share buyback growth. Companies spent $550 billion on buybacks in early 2025, but this activity flattened in the second quarter as AI-driven capital expenditures increased by 24%. This shift indicates a corporate focus on AI investment, potentially crowding out traditional shareholder returns.

Sources

AI infrastructure Microsoft Nebius Group GPU data center AI cloud stock surge Google Cloud AI technology custom chips AI models revenue growth AI agent security AI stocks Roblox Lemonade Baidu AI reasoning model OpenAI Broadcom AI chips Nvidia AI spending S&P 500 share buybacks