Nebius, Meta Agree to $27 Billion AI Infrastructure Pact [Yahoo! Finance]
Advanced Micro Devices, Inc. (AMD)
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Source: Yahoo! Finance
Nebius agreed to a five-year deal worth about $27 billion to supply AI infrastructure capacity to Meta as it continues to see surging demand for its data center computing. Nebius said it will provide $12 billion of dedicated capacity across multiple locations. Meta also agreed to purchase up to $15 billion in additional available capacity over the five-year period, Nebius said. Most Read from The Wall Street Journal Top Apollo Executive Sounds Off on ‘Arrogance' in Private Markets OpenAI's Bid to Allow X-Rated Talk Is Freaking Out Its Own Advisers Oil Industry Warns Trump Administration That Fuel Crunch Will Likely Worsen Red and Blue States Are Growing Further Apart on Income Tax When Humanoid Robots Come to a Small-Town Factory Nebius added that it will use large-scale deployments of Nvidia's next-generation Vera Rubin AI infrastructure platform, which is expected to be available starting in the second half of the year. Nebius will deliver the capacity beginning ear
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