Meta Signs a $27B AI GPU Power Deal With Nebius

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Source: The Motley Fool
Meta Signs a $27B AI GPU Power Deal With Nebius
Photo: The Motley Fool
TL;DR Summary

Meta Platforms signed a five-year, $27 billion AI infrastructure deal with Nebius to secure $12 billion of dedicated GPU capacity starting in 2027, with an additional $15 billion of capacity to be purchased as Nebius scales, a move that underscores Nebius’s rapid growth and Nvidia partnerships in the neocloud race for AI processing power.

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