Nebius inks $27B Meta deal
Nebius secured a $27 billion AI infrastructure commitment from Meta — a financing model that mixes equity and loans to fund hyperscale builds rather than relying on cash alone. That deal highlights new vendor models for large-scale AI deployments and signals opportunity for private/hybrid infrastructure providers. (siliconangle.com)
The Meta agreement guarantees $12 billion of dedicated AI capacity and includes an option to purchase an additional $15 billion of compute over a five‑year term, with the dedicated allocation slated to come online by early 2027. (money.usnews.com) Nebius said the deliveries will span multiple global locations and will be built around one of the first large‑scale commercial deployments of NVIDIA’s new Vera Rubin architecture. (datacenterknowledge.com) NVIDIA announced a separate $2 billion strategic investment and an engineering partnership with Nebius to accelerate full‑stack AI factory deployments and to enable Nebius to field more than 5 gigawatts of NVIDIA systems by the end of 2030. (investor.nvidia.com) The Meta pact follows Nebius’s earlier five‑year supply agreement with Microsoft, signed in September 2025 and valued at $17.4 billion with room to expand to about $19.4 billion, anchored around capacity from Nebius’s Vineland, New Jersey site. (nebius.com) Days after the Meta announcement Nebius filed a proposal to raise $3.75 billion via a private offering of convertible senior notes, split into $2.0 billion due 2031 and $1.75 billion due 2033, citing market and other conditions. (nebius.com) Equities moved sharply on the sequence of deals: Nebius shares jumped in early trading on the Meta news and subsequently fell when the convertible‑note offering was disclosed, with intraday moves in the low‑double digits reported. (siliconangle.com) Meta’s own capital‑expenditure guidance for 2026—between $115 billion and $135 billion—provides the spending backdrop for its long‑term capacity arrangements with specialist providers like Nebius. (investor.atmeta.com)
