Data center construction and infrastructure expansion
Company: Nebius
The claim, verbatim
Nebius plans to use proceeds to finance the construction and buildout of data centers and expand its global infrastructure footprint
Source (primary)
Nebius Raises $5.75 Billion Through Convertible Notes To Fund AI Data Centers And GPU Expansion - Pulse 2.0 (-, news_article)
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Quote: “Nebius plans to use proceeds from the new notes to finance the construction and buildout of data centers... and expand its global infrastructure footprint.”
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Additional evidence
confirms Nebius Raises $5.75 Billion Through Convertible Notes To Fund AI Data Centers And GPU Expansion - Pulse 2.0
Quote: “Nebius plans to use proceeds from the new notes to finance the construction and buildout of data centers... and expand its global infrastructure footprint.”