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Home»POLITICS»Meta signs $27 billion deal with Nebius for AI infrastructure
Meta signs $27 billion deal with Nebius for AI infrastructure
POLITICS

Meta signs $27 billion deal with Nebius for AI infrastructure

March 16, 2026No Comments1 Views
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In an aerial view, a billboard promoting a man-made intelligence (AI) firm is posted on Sept. 16, 2025 in San Francisco, California.

Justin Sullivan | Getty Photos

Meta has signed a brand new long-term settlement to spend as much as $27 billion on Dutch cloud supplier Nebius‘ AI infrastructure, the corporate introduced on Monday.

Over the subsequent 5 years, Nebius will present $12 billion of devoted capability throughout a lot of areas, together with on what the corporate says might be one of many first large-scale deployments of Nvidia’s newest AI-specialist Vera Rubin chips.

Meta has additionally dedicated to buy further out there compute capability from Nebius, price as much as a complete of $15 billion over 5 years.

“We’re happy to increase our important partnership with Meta as a part of securing extra massive, long-term capability contracts to speed up the build-out and development of our core AI cloud enterprise,” Arkady Volozh, founder and CEO of Nebius, stated in an announcement.

Nebius’ inventory surged 14% in pre-market buying and selling.

It is a creating story. Refresh for updates.

Select CNBC as your most popular supply on Google and by no means miss a second from probably the most trusted identify in enterprise information.

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