Meta inks $27B Nebius AI cloud deal to lock in long‑term capacity
Meta has signed a five-year deal to spend up to $27 billion with Netherlands-based Nebius for dedicated and additional AI infrastructure capacity, as Meta plans up to $135 billion in AI-related capex this year amid a wave of hyperscaler investments. Nebius will deploy Nvidia’s Vera Rubin chips across multiple locations, signaling Nebius’s growth as a European AI cloud player and following past deals with Microsoft and Nvidia.
