Meta five-year $12B dedicated compute agreement
Company: Nebius
The claim, verbatim
Meta signed a five-year, $12 billion dedicated compute agreement with Nebius, with capacity delivery expected to begin in early 2027.
Source (primary)
Nebius Earnings Preview: Revenue Expected to Grow Over 500%, Wall Street Highest Price Target at $410 - TradingKey (-, news_article)
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Quote: “Meta ( META ), meanwhile, signed a five-year, $12 billion dedicated compute agreement with Nebius, with capacity delivery expected to begin in early 2027.”
How we checked this
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Additional evidence
confirms Nebius Earnings Preview: Revenue Expected to Grow Over 500%, Wall Street Highest Price Target at $410 - TradingKey
Quote: “Meta ( META ), meanwhile, signed a five-year, $12 billion dedicated compute agreement with Nebius, with capacity delivery expected to begin in early 2027.”