Kurt Wagner / Bloomberg:

Nebius says Meta plans to spend up to $27B over the next five years to access AI infrastructure, starting with $12B of capacity in early 2027; NBIS jumps 12%+  —  Meta Platforms Inc. will pay as much as $27 billion over the next five years for access to artificial intelligence infrastructure …

Kurt Wagner / Bloomberg:

Nebius says Meta plans to spend up to $27B over the next five years to access AI infrastructure, starting with $12B of capacity in early 2027; NBIS jumps 12%+  —  Meta Platforms Inc. will pay as much as $27 billion over the next five years for access to artificial intelligence infrastructure …