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Nebius Signs New AI Infrastructure Agreement with Meta
AMSTERDAM--(BUSINESS WIRE)-- Nebius Group N.V. (NASDAQ: NBIS), the AI cloud company, today announced a new long-term AI infrastructure supply agreement with
About this update from Nebius Group N.v.
[{"type":"text","content":" AMSTERDAM--(BUSINESS WIRE)--\nNebius Group N.V. (NASDAQ: NBIS), the AI cloud company, today announced a new long-term AI infrastructure supply agreement with Meta, strengthening the collaboration between the companies.\n\n\nUnder the five-year agreement, Nebius will provide $12 billion of dedicated capacity across multiple locations, based on one of the first large-scale deployments of the NVIDIA Vera Rubin platform. Nebius will deliver this capacity starting early 2027.\n\n\nFurthermore, in connection with access to these NVIDIA Vera Rubin deployments, Meta has committed to purchase additional available compute capacity across certain upcoming Nebius clusters up to a total of $15 billion over a five-year period. Nebius currently intends to sell this capacity to third-party customers of its AI cloud business, with remaining capacity to be purchased by Meta.\n\n\nThe agreement has a contract value of up to approximately $27 billion.\n\n\nArkady Volozh, founder and CEO of Nebius, said:\n\n\n“We are pleased to expand our significant partnership with Meta as part of securing more large, long-term capacity contracts to accelerate the build-out and growth of our core AI cloud business. We will continue to deliver.”\n\n\nNebius’s guidance for 2026 remains unchanged.\n\n\nAbout Nebius\n\n\nNebius, the AI cloud company, is building the full-stack platform for developers and companies to take charge of their AI future — from data and model training to production deployment. Founded on deep in-house technological expertise and operating at scale with a rapidly expanding global footprint, Nebius serves startups and enterprises building AI products, agents, and services worldwide.\n\n\nNebius is listed on Nasdaq (NASDAQ: NBIS) and headquartered in Amsterdam.\n\n\nFor more information please visit www.nebius.com\n\n\nDisclaimer\n\n\nForward-looking statements\n\n\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our future financial and business performance, strategy, expected growth, planned investments and capital expenditures, capacity expansion plans, anticipated future financing ...