Nebius Signs $27 Billion AI Capacity Deal With Meta

Amsterdam‑based AI infrastructure firm Nebius has signed a five‑year deal with Meta Platforms to provide 12 billion dollars’ worth of AI computing capacity by 2027, in a contract that could rise to 27 billion dollars if Meta purchases additional planned capacity. 

Under the agreement, Meta will have the option to buy a further 15 billion dollars of capacity that Nebius is building if it is not sold to other customers, effectively reserving a large slice of the company’s future AI cloud output.

Nebius is part of a group of “neocloud” providers that focus specifically on AI infrastructure, using Nvidia processors to sell tailored compute to tech companies rather than offering a general‑purpose cloud. 

For Nebius, the contract gives more predictable demand and capital to expand its data‑centre footprint; for Meta, it is a way to secure scarce GPU and power resources ahead of rivals at a time when AI workloads are growing faster than traditional cloud capacity. The deal underlines how AI competition is now as much about infrastructure access as it is about model design.