Meta Signs $27 Billion AI Deal with Nebius, Shares Soar
Hamid Siddiqui
News
Meta has entered a groundbreaking five-year agreement with Nebius, valued at up to $27 billion, marking one of the largest AI infrastructure deals ever. This pact includes the deployment of Nvidia’s new Vera Rubin chips. Nebius shares surged 14% in pre-market trading as they expand capacity across multiple locations. The partnership builds on a previous $3 billion deal, increasing Meta's total commitment to $30 billion.