Latest AI News

Google Cloud projects $58 billion in revenue growth over the next two years, driven by AI partnerships including a $10 billion deal with Meta. Q2 2025 revenue grew 32% to $13.6 billion as the company plans $75 billion in AI infrastructure investments through 2025. Google Cloud is adopting outcome-based pricing and holds 44% of North America's agentic AI market. While growth momentum continues, operating income is flattening due to competition and pricing pressures.

Nvidia has unveiled a new generation of AI chips designed for intensive workloads like code and video generation. The Rubin CPX GPU can process "million-token" contexts, making it ideal for AI coding assistants and generative video applications. Alongside hardware innovations, Nvidia introduced software solutions and APIs to help enterprises integrate AI into their operations. The company's focus on generative AI tools supports content creation and development across industries, from autonomous vehicles to media production. These developments are expected to accelerate AI adoption in enterprises while giving developers and content creators improved performance capabilities, particularly in video production.

Nebius Group's shares surged 44% to a record high after securing a $17.4 billion deal with Microsoft to provide dedicated GPU infrastructure for AI services. The five-year agreement, potentially expanding to $19.4 billion, will begin with deliveries from Nebius's New Jersey data center later this year. Analysts consider this partnership transformative, significantly reducing risks associated with Nebius's expansion plans while solidifying its long-term revenue outlook. The Amsterdam-based company specializes in AI infrastructure and cloud services built on Nvidia computing.

Nebius, an AI infrastructure company, has secured a $17.4 billion multi-year agreement with Microsoft through 2031 to provide cloud computing power for AI workloads. The deal sent Nebius shares soaring by 55% and involves Microsoft accessing GPU infrastructure from Nebius's New Jersey data center. The arrangement benefits Microsoft through creative financing that reduces direct capital expenditures. Amsterdam-based Nebius, which spun out from Russian tech company Yandex, specializes in GPU and AI cloud services. The partnership is viewed as potentially signaling a broader industry shift toward off-balance-sheet arrangements for companies seeking AI infrastructure while managing capital expenditure risks.