Meta Signs $27 Billion AI Infrastructure Deal With Nebius
(Tuesday March 17, 2026 @12:00PM (BeauHD)
from the AI-build-out dept.)
AI infrastructure company Nebius signed a deal to provide [1]up to $27 billion in AI computing capacity to Meta over the next five years , including a guaranteed $12 billion purchase by 2027. Reuters reports:
> Under the agreement, Meta will also buy an additional $15 billion worth of capacity planned by Nebius over the coming five years if it is not sold to other customers, giving the contract a total value of up to $27 billion, Nebius said. The deal is the latest example of U.S. tech giants' efforts to supplement their own AI data-centre build-outs by locking in scarce GPU and power capacity from "neocloud" providers like Nebius. Nebius CEO Arkady Volozh said the latest Meta deal would help "accelerate the build-out and growth of our core AI cloud business."
Further reading: [2]Data Centers Overtake Offices In US Construction-Spending Shift
[1] https://www.reuters.com/technology/nebius-signs-ai-capacity-deal-with-meta-2026-03-16/
[2] https://news.slashdot.org/story/26/03/16/1548242/data-centers-overtake-offices-in-us-construction-spending-shift
> Under the agreement, Meta will also buy an additional $15 billion worth of capacity planned by Nebius over the coming five years if it is not sold to other customers, giving the contract a total value of up to $27 billion, Nebius said. The deal is the latest example of U.S. tech giants' efforts to supplement their own AI data-centre build-outs by locking in scarce GPU and power capacity from "neocloud" providers like Nebius. Nebius CEO Arkady Volozh said the latest Meta deal would help "accelerate the build-out and growth of our core AI cloud business."
Further reading: [2]Data Centers Overtake Offices In US Construction-Spending Shift
[1] https://www.reuters.com/technology/nebius-signs-ai-capacity-deal-with-meta-2026-03-16/
[2] https://news.slashdot.org/story/26/03/16/1548242/data-centers-overtake-offices-in-us-construction-spending-shift