After recently announcing the layoff of 42 employees at its Redmond headquarters, Microsoft has unveiled a massive $17.4 billion infrastructure deal with Nebius. The agreement highlights just how serious Microsoft is about its AI ambitions.
It comes shortly after Microsoft revealed a separate contract that will save the U.S. government $6 billion over three years. Together, these moves underline the company’s $80 billion AI infrastructure strategy. This latest deal with Nebius could be one of the most…