Businesswire·2026-03-16 11:08Core Insights - Nebius Group N.V. has signed a long-term AI infrastructure supply agreement with Meta, enhancing their collaboration [1] - The five-year agreement includes a provision for Nebius to deliver $12 billion of dedicated capacity, utilizing the NVIDIA Vera Rubin platform, starting in early 2027 [2] - Meta has also committed to purchasing additional compute capacity from Nebius, potentially totaling $15 billion over the same five-year period, leading to a total contract value of approximately $27 billion [3] Company Overview - Nebius is an AI cloud company focused on building a full-stack platform for AI development, serving both startups and enterprises globally [4] - The company is listed on Nasdaq (NASDAQ: NBIS) and is headquartered in Amsterdam [4] Leadership and Expansion - Dan Lawrence has been appointed as Senior Vice President and General Manager for the Americas, tasked with leading Nebius's expansion in North America [11] - The company aims to scale its commercial organization to meet the growing demand for AI infrastructure [11]