Meta Commits Up to $27 Billion to Expand AI Infrastructure with Nebius

Meta has entered a new five-year agreement with Dutch neocloud provider Nebius Group, pledging up to $27 billion for AI infrastructure development. This deal builds on their existing partnership and includes one of the earliest large-scale deployments of Nvidia’s latest Vera Rubin chips. Following the announcement, Nebius shares jumped 14% in pre-market trading. This collaboration marks one of the largest AI infrastructure investments to date.