Nebius signs AI capacity deal with Meta

Reuters
Mar 16
<a href="https://laohu8.com/S/NBIS">Nebius</a> signs AI capacity deal with Meta

March 16 (Reuters) - Nebius Group NBIS.O said on Monday it has signed a new five-year deal with Meta Platforms META.O to provide the social media giant with $12 billion of dedicated AI capacity across multiple locations.

The agreement has a contract value of up to $27 billion, the company said.

(Reporting by Aditya Soni in Bengaluru; Editing by Leroy Leo)

((Aditya.Soni@thomsonreuters.com;))

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