Meta Platforms (META) and Nebius Sign AI Infrastructure Deals Worth up to $27 Billion Over 5 Years, Reuters Reports

Meta Platforms, Inc. (NASDAQ:META) is one of the best long term stocks to invest in according to billionaires. Reuters announced on March 16 an agreement between Meta Platforms, Inc. (NASDAQ:META) and Amsterdam-based AI  infrastructure firm Nebius Group for the latter to provide the former $12 billion worth of AI computing capacity across multiple locations by ​2027. The agreement also states that Meta Platforms, Inc. (NASDAQ:META) will buy an additional $15 billion worth of ​capacity planned by Nebius ove ...