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Meta Locks In $12 Billion Nebius AI Compute, With Option Up to $27 Billion

The pact gives Meta early access to Nvidia’s Vera Rubin platform, signaling the broader shift to multi‑year AI capacity reservations from specialist cloud builders.

Overview

  • Nebius will supply $12 billion of dedicated AI capacity over five years, with Meta able to buy up to $15 billion more if future Nebius cluster capacity is not sold to other customers.
  • Deliveries are scheduled to start in early 2027 across multiple locations using one of the first large‑scale deployments of Nvidia’s Vera Rubin platform.
  • The agreement structures the optional capacity for third‑party clients first, leaving Meta to purchase any remaining availability.
  • Nvidia last week agreed to invest $2 billion for a reported 8.3% stake in Nebius as part of a strategic partnership to develop next‑generation AI data centers.
  • Nebius shares rose roughly 14% in premarket trading on the news, and the company said its 2026 guidance remains unchanged.