Nebius signs AI infrastructure deals with Meta worth up to $27 billion over 5 years

By Aditya Soni and Toby Sterling March 16 (Reuters) - Amsterdam-based AI infrastructure firm Nebius Group said on Monday it has agreed with ‌Meta Platforms to provide the social media giant with $12 billion worth ‌of AI computing capacity across multiple locations by 2027. Under the agreement, Meta will also buy ​an additional $15 billion worth of capacity planned by Nebius over the coming five years if it is not sold to other customers, giving the contract a total value of up to $27 billion, Nebius said ...