Nebius: USD 1 Billion Contract with DeepMind Alumni Secures Data Center Utilization Until 2029
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Sale of computing capacity worth over USD 1 billion to the startup Reflection AI. Contract duration until 2029 ensures the customer access to current Nvidia GB300 chips. Predictable revenues strengthen Nebius's position in the capital-intensive cloud segment. Strategic Safeguarding of Infrastructure On July 14, 2026, Nebius Group NV (NBIS) announced that it has signed a contract to provide computing power worth more than USD 1 billion with the startup Reflection AI. The agreement secures the access to the architecture of the Nvidia GB300...
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