Overview
- Meta will receive $12 billion of dedicated Nebius compute starting in early 2027 across multiple sites.
- Meta can purchase up to an additional $15 billion in capacity over the contract term.
- Nebius may resell excess capacity to third parties, with Meta backstopping any unsold allotments.
- Large AI clusters will use Nvidia’s Vera Rubin hardware, to which Meta receives exclusive access under the deal.
- Nebius shares rose roughly 14%–15% on the announcement, which follows a prior ~$17 billion Microsoft agreement and comes as the company targets 5 GW of data‑center power by 2030.