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Nebius Groups Signs $3 Billion AI Infrastructure Deal with Meta Amid Revenue Surge
Nebius secured a $3 billion AI-infrastructure deal with Meta following more than four-fold quarterly revenue growth, signalling surge in enterprise AI investments.
AI-cloud specialist Nebius Group announced a five-year contract worth roughly $3 billion with Meta Platforms to provide AI infrastructure, following its reporting of over four-fold revenue growth in the latest quarter. Despite posting a loss exceeding $100 million, up from $39.7 million a year earlier, Nebius cited large-scale capex and the Meta engagement as key strategic investments. Shares fluctuated in pre-market trading.
Industry analysts highlight the contract as a sign of escalating enterprise AI infrastructure demand, and a test case of margin pressure in the build-out phase.