As demand for artificial intelligence infrastructure continues to grow, technology companies are securing large, long-term computing agreements to support the training and deployment of advanced AI systems.
AI cloud company Nebius Group has signed a long-term AI infrastructure agreement with Meta, a deal that could be worth up to $27 billion. The Amsterdam-based company said the five-year agreement will see Nebius provide $12 billion worth of dedicated AI computing capacity across multiple locations.
The infrastructure will be built using one of the first large-scale deployments of NVIDIA’s Vera Rubin platform, with capacity expected to begin delivery in early 2027.
In addition to the dedicated capacity, Meta has also committed to purchasing up to $15 billion of additional computing power from future Nebius AI clusters over the same five-year period.
Nebius said the additional compute capacity is initially intended for third-party customers using its AI cloud platform. Any remaining capacity will be purchased by Meta under the agreement.
Arkady Volozh, founder and CEO of Nebius, said: “We are pleased to expand our significant partnership with Meta as part of securing more large, long-term capacity contracts to accelerate the build-out and growth of our core AI cloud business. We will continue to deliver.”
The announcement comes a few days after NVIDIA announced a strategic partnership and $2 billion investment in Nebius to help build the next generation of hyperscale AI cloud infrastructure.
Developing a full-stack cloud platform
Nebius is building a full-stack cloud platform designed to support companies developing AI technologies.
Its infrastructure is used by startups and enterprises for tasks ranging from data processing and model training to the deployment of AI products and services.
With demand for large-scale AI computing continuing to rise, long-term infrastructure agreements like this are becoming increasingly important for companies building advanced AI systems.
