Nebius Stock Jumps Following $27 Billion Meta AI Deal

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TLDR

  • Nebius Group has entered into a five-year AI infrastructure agreement with Meta, with a guaranteed value of $12 billion
  • Meta holds an option to purchase an extra $15 billion in computing capacity, pushing the total maximum deal value to up to $27 billion
  • Capacity rollout will begin across multiple data center locations starting in early 2027
  • This new agreement follows an initial $3 billion deal Nebius struck with Meta back in November 2024
  • Nebius leverages Nvidia processors to power its AI cloud infrastructure

Amsterdam-based neocloud company Nebius Group has secured one of the largest AI infrastructure contracts recorded to date. The firm announced Monday it has finalized a five-year deal with Meta Platforms to supply $12 billion in dedicated AI computing capacity.

The contracted capacity will be rolled out across multiple data center locations, with deployment starting in early 2027.

However, the total deal value could climb far higher. Under the agreement’s terms, Meta has committed to buying up to an additional $15 billion worth of capacity from upcoming Nebius clusters over the same five-year window — but this option only applies if that capacity cannot be sold to other customers first.

Nebius Group N.V., ticker NBIS
NBIS Stock Card

This brings the total potential contract value to $27 billion.

This is not the first time the two companies have worked together. Nebius signed an initial $3 billion deal with Meta in November 2024, and Monday’s announcement marks a major step up from that earlier agreement.

Nebius operates as a neocloud provider, meaning it sells computing hardware and cloud capacity as a service to other technology firms. It relies on Nvidia processors to deliver AI cloud infrastructure to its clients.

Structure of the Agreement

The $12 billion figure is the guaranteed minimum that Meta is contractually obligated to purchase. The remaining $15 billion is largely conditional: Nebius must build out the extra capacity, and Meta holds first right of refusal if no other buyer purchases it first.

This structure gives Nebius both revenue certainty and a strong incentive to continue expanding its infrastructure footprint.

Comments from Nebius’ CEO

Nebius founder and CEO Arkady Volozh said the deal reflects the company’s ongoing growth trajectory. He welcomed the agreement as an indicator of Nebius’ path forward as demand for AI compute continues climbing.

Volozh has built Nebius into a major player in the AI infrastructure space, and this deal places the company firmly on the industry map alongside much larger established cloud providers.

Meta has been aggressively investing in AI infrastructure. The company has committed to spending up to $65 billion on AI-related capital expenditure in 2025 alone, and deals like this show how it is distributing that investment across multiple providers.

Nebius, which is listed on Nasdaq under the ticker NBIS, saw its share price jump sharply higher on the news Monday morning.

The company’s UK data center, launched in November 2025 at Ark Data Centres in Chertsey, is one of several facilities Nebius is building out to meet this growing demand.

Monday’s announcement marks the largest publicly disclosed deal in Nebius’ company history.