Nebius signs AI capacity deal with Meta
16/03/2026 10:04
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;))