
"Meta has also committed to purchasing up to $15 billion in additional computing power from Nebius' upcoming AI clusters over the same five-year period. That capacity is initially intended for Nebius' broader AI cloud customers, but Meta will step in to buy any remaining availability. Combined, the arrangement gives the contract a total potential value of roughly $27 billion."
"The infrastructure will be based on one of the first large-scale deployments of Nvidia's Vera Rubin AI chips, with deliveries expected to begin in early 2027. The Amsterdam-based firm announced Monday that the deal will provide Meta with substantial computing capacity to power its expanding artificial intelligence efforts."
"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."
Meta Platforms has signed a long-term agreement with Amsterdam-based cloud company Nebius valued at up to $27 billion over five years for AI infrastructure. The deal comprises $12 billion in dedicated computing capacity across multiple locations and up to $15 billion in additional computing power from Nebius' AI clusters. The infrastructure will utilize Nvidia's Vera Rubin AI chips, with deliveries starting in early 2027. This agreement significantly expands the existing partnership between the companies and establishes Nebius as a major player in the AI cloud infrastructure market. Investors responded positively, with Nebius shares surging over 13% following the announcement.
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