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Reuters
Mon, March 16, 2026 astatine 5:25 AM CDT 1 min read
March 16 (Reuters) - Amsterdam-based Nebius Group said connected Monday it has signed a caller five-year woody with Meta Platforms to supply the societal media elephantine with $12 cardinal of dedicated AI computing capableness crossed aggregate locations by 2027.
Under the deal, Meta volition besides bargain an further $15 cardinal worthy of capacity planned by Nebius implicit the coming 5 years if it is not sold to different customers, giving the declaration a full worth of up to $27 billion, Nebius said.
Nebius is simply a alleged "neocloud" institution that sells hardware and unreality capacity arsenic services to different tech firms. It uses Nvidia processors to provide AI unreality infrastructure.
It signed an archetypal $3 cardinal woody with Meta successful November.
(Reporting by Aditya Soni in Bengaluru, Toby Sterling successful Amsterdam; Editing by Leroy Leo and Bernadette Baum)
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