$40B long-term contracts incl. Microsoft and Meta
Company: Nebius
The claim, verbatim
Nebius has $40 billion in long-term customer contracts, including large deals with Microsoft and Meta, which could serve as collateral.
Source (primary)
Nebius CEO Says Company Has Enough To Build Its Gigawatt, But Admits That "Some Of The Capital Sources Are Temporarily Closed" - 24/7 Wall St. (-, news_article)
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Quote: “He pointed to $40 billion in long-term customer contracts that could serve as collateral. Those contracts include large deals with Microsoft ( NASDAQ:MSFT ) and Meta Platforms ( NASDAQ:META ).”
How we checked this
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Additional evidence
confirms Nebius CEO Says Company Has Enough To Build Its Gigawatt, But Admits That "Some Of The Capital Sources Are Temporarily Closed" - 24/7 Wall St.
Quote: “He pointed to $40 billion in long-term customer contracts that could serve as collateral. Those contracts include large deals with Microsoft ( NASDAQ:MSFT ) and Meta Platforms ( NASDAQ:META ).”