Nebius Signed a Major $27B Deal with Meta. What Are You Really Investing in if You Buy NBIS Stock?

Nebius combines traditional neocloud data centers with its own hardware designs and cloud software solutions. The company’s standing as an AI infrastructure provider has strengthened significantly in recent months, as tech firms race to secure data center capacity to train and run AI models. It had primarily catered to smaller clients such as AI startups, but that changed dramatically last September when Microsoft agreed to buy $17.4 billion worth of capacity over five years. Earlier this week, Nebius secur ...