Nebius Clears Vineland Hurdle, but Its $17.4 Billion Microsoft Test Is Already Underway
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2 Articles
Vineland Planning Board Approves Phase 2 Expansion, Clearing Path For Nebius Group (NASDAQ: NBIS) Microsoft Deal
Nebius Group (NASDAQ: NBIS) cleared a significant regulatory hurdle Monday night after the Vineland Planning Board voted to approve Phase 2 of its AI data center development in South Jersey. The approval adds 600,000 square feet to the existing facility, which is already under construction in Vineland, New Jersey, as part of a major AI infrastructure campus developed by DataOne. The project was originally approved as a roughly 300-megawatt facil…
Nebius Clears Vineland Hurdle, but Its $17.4 Billion Microsoft Test Is Already Underway
Nebius Group has cleared a major local planning hurdle for the second phase of its Vineland, New Jersey, data-center development, reducing uncertainty around one of the company’s most important US projects. The decision is operationally positive, but it does not start the delivery schedule attached to Nebius’s multibillion-dollar Microsoft agreement.Visit Website
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