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Benzinga
  • 5 minutes ago
Nebius signed a $27B five-year AI infrastructure deal with Meta, providing $12B in dedicated capacity plus up to $15B in additional computing. The deal uses Nvidia's Vera Rubin platform and follows Nebius's $17.4B Microsoft deal in September and a fresh $2B Nvidia investment last week.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Nebius agreed to a five-year deal worth about $27 billion to supply AI infrastructure capacity
00:08to Meta as demand for data center computing rises, according to the Wall Street Journal.
00:13Nebius will provide $12 billion of dedicated capacity across multiple locations.
00:19Meta agreed to purchase up to $15 billion in additional capacity over the period.
00:24Nebius will deploy NVIDIA's Vera Rubin AI infrastructure platform,
00:28with delivery beginning early next year.
00:31Meta has expanded AI capacity through partnerships worth more than $100 billion
00:35and signed nuclear energy agreements to power data centers.
00:39Nebius also signed a $17.4 billion deal with Microsoft in September.
00:44NVIDIA invested $2 billion in Nebius last week.
00:47For all things money, visit Benzinga.com.
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