Nebius, Meta Agree to $27 Billion AI Infrastructure Pact
Nebius said it will provide $12 billion of dedicated capacity across multiple locations
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.
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 early next year, it said.
Meta has been investing heavily to expand its AI computing capacity and has signed partnerships with Nvidia and Advanced Micro Devices worth more than $100 billion. It also struck deals earlier this year to make it an anchor customer for new and existing nuclear power in the U.S. needed to fuel its energy-hungry data centers.
Meanwhile, Nebius has seen its position as an AI infrastructure provider surge in recent months as tech companies compete to lock in data center computing capacity to train and run AI models.
In September, it agreed to a $17.4 billion deal with Microsoft to supply AI infrastructure capacity.
Last week, Nvidia agreed to invest $2 billion in Nebius. The two companies will partner to design and deploy large AI data centers and Nebius will gain early access to Nvidia’s latest computing technologies.