jain.com

$1.2B anticipated investment by AIB and tenant Nebius at CLT1

Company: Nebius

Subject kind
financing
Statement date
2026-10-29
Promised amount
1200000000.0 USD
Current status
stated

The claim, verbatim

The draft development agreement anticipates $1.2 billion of investment by AIB and its tenant in the Spartanburg project.

Source (primary)

AIB plans 50MW AI data center at former Spartanburg cryptomine to serve Nebius (-, news_article)
View cached copy (2026-10-29)Live source ↗Archive.org ↗

Quote: “The draft anticipates $1.2 billion of investment by the company and its tenant.”

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 AIB plans 50MW AI data center at former Spartanburg cryptomine to serve Nebius

Quote: “The draft anticipates $1.2 billion of investment by the company and its tenant.”

View cached copy (2026-10-29)Live source ↗Archive.org ↗