When barely a few days have passed after the first rumors that point to the dismissal of 20% of its staff and a change of course related to investment in AI infrastructure, Meta has already taken a first step In this sense, with the announcement of an agreement with the Dutch company Nebius Groupto provide infrastructure for Artificial Intelligence to Meta Platforms. The agreement, which is valid for five years, involves paying Nebius $27 billion.
The first step that Nebius will take under this agreement is to provide Meta with $12 billion of dedicated capacity, spread across different locations. It will begin doing so in early 2027. It will focus on the development of large-scale AI clusters, which will use hardware from NVIDIA’s Vera Rubin platform, the company’s latest generation of specialized AI accelerators, to which Meta will have exclusive access. Nebius, of course, has stated that it intends to sell additional computing capacity to other clients, but according to the agreement, if it is not able to find clients for it, Meta will Buy it.
The agreement will take Nebius to a new level, as this agreement with Meta will help it achieve a prominent image as a top-tier AI infrastructure provider. It is not the first major contract that the company signs in this regard, since a few months ago it signed another for 17,000 million with Microsoft to offer computing power for AI. In addition, a few days ago NVIDIA invested $2 billion in the company.
Those responsible for it have confirmed that their financial forecasts for 2026 have not changed, since the supply of computing power for AI to Meta will not begin until 2027, which will be when the amount promised by Meta begins to be noticed in its finances. It is not the first time, of course, that both companies have worked together. Last November, Meta signed another agreement of 3,000 million with it, also lasting five years.
In any case, Nebius shareholders seem to have been pleased with the news, since Its shares were already up 14% in negotiations prior to the opening of the markets. Later, its shares rose by more than 10% in the middle of the session. The company, based in Amsterdam and international successor to Yandex NV, was born after Arkady Volozh, CEO of Nebius, sold all its assets in Russia to a group related to the Russian authorities in July 2024 for about $2.4 billion. Nebius is, therefore, the owner of Yandex’s cloud and data center operations that were outside Russia since said asset sale.
The company is considered a neocloud, that is, a new class of AI-native cloud providers tasked with building data centers designed from the ground up to work with GPU-intensive AI loads. Nebius has data centers in Finland, France and the United States, with expansions planned in different locations in the short and medium term.
According to Volozh about their most recent agreement, they are delighted “to expand our significant agreement with Metra as part of several large, long-term capacity contracts to accelerate the development and growth of our core cloud AI business«.
