Wall Street Breakfast Nebius rockets on $17B Microsoft deal
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Sep 9, 2025 A $17.4 billion AI deal between Nebius and Microsoft is shaking up the tech landscape. Novartis is set to acquire Tourmaline Bio for $1.4 billion, highlighting a surge in biotech mergers. Meanwhile, the NFL's debut on YouTube snagged 17.3 million viewers, but controversies over the accuracy of the ratings are causing a stir. The merger trends and viewership disputes underscore the ever-evolving dynamics in these industries.
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Nebius Lands Huge AI Infrastructure Deal
- Nebius signed a massive multi-year AI infrastructure deal with Microsoft worth $17.4 billion, with potential to $19.4 billion.
- Dedicated capacity will come from Nebius's Vineland, New Jersey data center starting later this year.
Novartis Buys Tourmaline For $1.4B
- Novartis will acquire Tourmaline Bio for $48 per share in cash, valuing the deal at about $1.4 billion.
- The purchase highlights confidence in Tourmaline's cardiovascular drug and carries a 59% premium to the prior close.
YouTube's NFL Debut Draws Big Viewership
- YouTube's NFL broadcast averaged 17.3 million viewers using Nielsen's Average Minute Audience metric.
- Rival broadcasters criticized Nielsen's handling and non-credited measurement transparency for streamers.