Nebius Group News Today, Nov 20: Shares Surge After $3 Billion AI Deal

On November 20, Nebius Group (NBIS) saw a significant boost in its share prices following a major $3 billion AI infrastructure deal with tech giants Microsoft and Meta. This collaboration highlights Nebius Group’s strategic focus on advancing AI capabilities, particularly in hyperscaling, a rapidly expanding market. While Nebius’s stock price had recently experienced volatility, this latest development underscores strong growth prospects and has caught the attention of investors across Canada.