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In: Microsoft, Mining, Nebius

Nebius has secured a massive US$17.4 billion (AU$26.36 billion) deal to supply Microsoft with GPU technology for its AI infrastructure. Shares of crypto mining companies surged, with Bitfarms climbing 22% and Cipher Mining rising 20%, leading the sector’s gains. Nebius stock soared nearly 50%, reaching an intraday high of US$98.68Continue Reading