These sales are designed to help Nebius acquire additional compute power and hardware, secure “strategic high-quality and well-located” plots of lands with reliable providers and to expand its data center footprint, according to a Wednesday (Sept. 10) news release.

“We believe this will enable us to aggressively grow our core business in 2026 and beyond as we aim to scale our global data center portfolio, including through new greenfield sites, and the expansion of our customer base, from AI native tech startups to larger enterprises,” the company said in the release.

The news came days after the company announced a new partnership with Microsoft, a $19.4 billion deal that will see Nebius deliver artificial intelligence (AI) infrastructure to the tech giant.

Under this multi-year pact, Nebius will provide dedicated capacity to Microsoft from its new data center in Vineland, New Jersey beginning later this year, the company said in a news release.

“Nebius’s core AI cloud business, serving customers from AI startups to enterprises, is performing exceptionally well,” said Arkady Volozh, founder and CEO of Nebius.

“We have also said that, in addition to our core business, we expect to secure significant long-term committed contracts with leading AI labs and big tech companies. I’m happy to announce the first of these contracts, and I believe there are more to come.”

Nebius, which rebranded from Russian internet company Yandex, sold that business’s search engine last year to focus on cloud-computing services for AI operations. The company raised $700 million last year from investors that included Nvidia.

This news is happening as multiple industries — including cloud, data storage, semiconductor manufacturing and data centers — are enjoying revenue gains from AI, cementing its status as an economic driver, as PYMNTS wrote last week.

The chief catalyst is increasing enterprise adoption of AI. A 2025 PYMNTS Intelligence report found that 90% of chief financial officers (CFOs) see “very positive ROI” from generative AI, a significant increase from 26.7% in March 2024.

“With gen AI yielding such strong results, CFOs are utilizing the technology in more areas of their businesses,” the report said, including employing the technology for high-, medium- and low-impact tasks.

Cloud providers are among the clearest beneficiaries of this demand. Research firm Statista has projected that cloud infrastructure service revenues are due to surpass $400 billion for the first time. The cloud market has re-accelerated in recent quarters, primarily due to the AI boom, the company said.

The company’s new artificial intelligence-powered offerings are designed to simplify and lower the cost of processes such as prior authorizations, medical coding, claims processing and determining eligibility, according to a Thursday (Sept. 11) press release.

“Oracle Health is working to solve long-standing problems in healthcare with AI-powered solutions that simplify transactions between payers and providers,” Seema Verma, executive vice president and general manager, Oracle Health and Life Sciences, said in the release. “Our offerings can help minimize administrative complexity and waste to improve accuracy and reduce costs for both parties. With these capabilities, providers can better navigate payer-specific coverage, medical necessity and billing rules while enabling payers to lower administrative workloads by receiving more accurate claims from the start.”

Annual administrative costs tied to healthcare billing and insurance are estimated at roughly $200 billion, the release said. That figure continues to rise, largely due to the complexity of medical and financial processing rules and evolving payment models. The rules and models are time-consuming and inefficient for providers to follow and adopt, so they use manual processes, which make them prone to errors.

The PYMNTS Intelligence report “Healthcare Payments Need Modernization to Drive Financial Health” found that healthcare’s lingering reliance on manual payment systems is proving to be a bottleneck for its financial health and operational efficiency.

The worldwide market for healthcare digital payments is forecast to increase at a compound annual growth rate of 19% between 2024 and 2030, indicating a shift and market opportunity for digital solutions, per the report.

The report also explored how these outdated systems strain revenues and create inefficiencies, contrasting the sector’s slower adoption with other industries that have embraced digital payment tools.

“On the patient side, the benefits are equally compelling,” PYMNTS wrote in June. “Digital transactions offer hassle-free experiences, which are a driver for patient satisfaction and, ultimately, patient retention.”

The research found that 67% of executives and decision-makers in healthcare payer organizations said that their firms’ manual payment platforms were actively hindering efficiency. In addition, 74% said these platforms put their organizations at greater risk for regulatory fines and penalties.