Use of Citi loan proceeds
Company: Nebius
The claim, verbatim
Together with customer prepayments and operating cash flow, the Citi loan proceeds will fund data centers and GPUs.
Source (primary)
Nebius borrows $3.5 billion as investors question neocloud debt - Yahoo Finance (-, news_article)
View cached copy (2026-10-28)Live source ↗Archive.org ↗
Quote: “Alongside customer prepayments and operating cash flow, the money will fund data centers and GPUs, the release says.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Nebius borrows $3.5 billion as investors question neocloud debt - Yahoo Finance
Quote: “Alongside customer prepayments and operating cash flow, the money will fund data centers and GPUs, the release says.”