Nebius
The ex-Yandex AI cloud with a reported $17B+ Microsoft contract.
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Built from Yandex's international assets after the 2024 split, Nebius runs AI data centers in Europe and the US and signed a multi-year GPU capacity deal with Microsoft reported at up to ~$19B — plus NVIDIA as investor — making it Europe's flagship neocloud.
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Record reviewed as of 2026-01-15 — see Methodology.