Meta Commits Up to $27 Billion to Nebius Group for AI Infrastructure in Major Cloud Deal
Summary
Meta commits up to $27 billion to cloud provider Nebius Group over five years, securing massive AI infrastructure capacity as it races to compete in the frontier AI model race.
Key Points
- Meta Platforms is committing up to $27 billion over the next five years to secure AI infrastructure from cloud provider Nebius Group NV as it races to compete with top frontier AI models.
- Nebius, a neocloud with a strategic partnership with Nvidia, is set to provide Meta $12 billion in dedicated capacity beginning in early 2027.
- Meta is also pledging up to $15 billion in additional capacity that Nebius is currently building out for third-party customers.