Overview
- Under the contract, Nebius will deliver $12 billion in dedicated AI capacity starting in early 2027 using one of the first large-scale deployments of Nvidia’s Vera Rubin platform.
- Meta can purchase up to an additional $15 billion of compute from upcoming Nebius clusters, with Nebius prioritizing sales of that capacity to third-party customers.
- Nvidia last week disclosed a $2 billion investment in Nebius tied to a strategic partnership that grants early access to Rubin-generation hardware.
- Nebius shares rose roughly 12%–15% on the news, and the company said its 2026 guidance remains unchanged.
- The deal expands Nebius’s large hyperscaler backlog, following an initial $3 billion Meta agreement and a multi-year AI infrastructure contract with Microsoft reported around $17–$19.4 billion.