Amsterdam-based Nebius Group said on Monday it has signed a new five-year deal with Meta âPlatforms â to â provide the social media giant with $12 billion of dedicated AI computing capacity across multiple locations by 2027.
Nebius is a so-called "neocloud" company that âsells hardware and cloud capacity as services to other tech firms. â It uses Nvidia processors to provide AI cloud infrastructure.
It signed an initial $3 billion deal with Meta in November.
Nebius is a so-called "neocloud" company that âsells hardware and cloud capacity as services to other tech firms. â It uses Nvidia processors to provide AI cloud infrastructure.
It signed an initial $3 billion deal with Meta in November.