Meta agreement additional capacity up to $15bn
Company: Nebius
The claim, verbatim
The Meta arrangement includes commitments for up to $15 bn of additional capacity, mainly for third-party AI cloud customers, with Meta committed to buying remaining available capacity, bringing potential total value to about $27 bn.
Source (primary)
Nebius Group (NASDAQ: NBIS) stock price forecast: AI infrastructure growth drives Wall Street's bullish outlook - Beinsure (-, news_article)
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Quote: “The arrangement also includes commitments for up to $15 bn of additional capacity, bringing its potential total value to approximately $27 bn.”
How we checked this
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Additional evidence
confirms Nebius Group (NASDAQ: NBIS) stock price forecast: AI infrastructure growth drives Wall Street's bullish outlook - Beinsure
Quote: “The arrangement also includes commitments for up to $15 bn of additional capacity, bringing its potential total value to approximately $27 bn.”