Nebius stock (NBIS) surged 15% after the company secured a long-term agreement with Meta, which could be worth up to $27 billion over five years. This deal is one of the largest cloud infrastructure commitments ever signed with a neocloud provider.
As part of the agreement, Meta will invest $12 billion in dedicated capacity across multiple locations, in addition to purchasing up to $15 billion in compute capacity from Nebius. The AI infrastructure supplied by Nebius is expected to begin in 2027.
Arkady Volozh, CEO of Nebius, expressed enthusiasm about the partnership, stating, “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.”
The deal highlights Nebius’ rapid growth, with the company’s revenue increasing by 479% to $530 million in 2025. Furthermore, Nebius’ stock price has risen more than 350% over the past year, showcasing its strong market performance.
Nvidia is also playing a crucial role in Nebius’ expansion, having invested $2 billion to accelerate the development of AI factory capabilities. This investment underscores the increasing demand for AI infrastructure and the competitive landscape in which Nebius operates.
Nebius has established itself as a leading European data center operator and has formed partnerships with multiple AI companies, including Microsoft. The dedicated capacity from the Meta deal will include large-scale deployments of Nvidia’s Vera Rubin AI chips, further solidifying Nebius’ position in the AI infrastructure market.
As the tech industry continues to evolve, observers are keen to see how this partnership will impact Nebius’ growth trajectory and its ability to meet the increasing demand for AI services. Details remain unconfirmed regarding the specific implementation timelines and additional partnerships that may arise from this significant agreement.
