Home / Business and Economy / Nebius Group Powers Meta's AI Ambitions With $27 Billion Deal
Nebius Group Powers Meta's AI Ambitions With $27 Billion Deal
16 Mar
Summary
- Nebius Group will provide Meta with $12 billion in AI computing capacity by 2027.
- Meta has an option to buy an additional $15 billion in future capacity.
- Nebius uses Nvidia processors for its AI cloud infrastructure services.
Amsterdam-based Nebius Group announced a new five-year contract with Meta Platforms, underscoring a major expansion in AI computing resources. The agreement, effective as of Monday, March 16, 2026, commits Nebius to delivering $12 billion worth of dedicated AI computing capacity to Meta by the year 2027. This provision will be distributed across multiple locations to support Meta's extensive operational needs.
Furthermore, the contract includes a significant contingency, granting Meta Platforms the option to acquire an additional $15 billion in computing capacity planned by Nebius over the next five years. This clause stipulates that Meta can purchase this capacity if Nebius does not secure other customers for it, potentially escalating the total value of the contract to a remarkable $27 billion. Nebius Group specializes in providing hardware and cloud capacity as services, leveraging Nvidia processors to build its AI cloud infrastructure.
The tech giant had previously entered into a $3 billion deal with Nebius in November, indicating a growing and established partnership focused on advancing AI capabilities.
