Meta Platforms recently agreed to spend $27 billion with the cloud company Nebius over the next five years. This AI infrastructure spend marks the biggest contracts signed by the Facebook owner to date.
Netherlands-based Nebius, which has deals in place to deploy Nvidia’s infrastructure across its global platform, stated Meta Platforms would pay $12 billion for dedicated capacity across multiple locations.
This part of the deal represents one of the first large-scale deployments of the Nvidia Vera Rubin platform, starting from early 2027.
Also in connection with Nebius’ partnership with Nvidia, Meta Platforms committed to purchase additional available computer capacity across certain upcoming Nebius clusters for up to $15 billion.
Nebius explained it intends to sell this capacity to third-party customers of its AI cloud business, while the remaining capacity will be purchased by Meta Platforms.
Meta Platforms stated at the turn of 2026 its capex on AI initiatives this year is expected to be in the range of $115 billion to $135 billion, as part of a wider commitment to spend $600 billion on US infrastructure by 2028.
It struck a separate $3 billion deal with Nebius in 2025.
Nebius founder and CEO Arkady Volozh, said it is pleased to expand its partnership with Meta Platforms as it looks to secure “more large, long-term capacity contracts to accelerate build out and growth of our core AI cloud business”.
Source: Mobile World Live
Image Credit: Meta
Source: Tahawul Tech