Nebius Group shares jumped sharply after the company announced a massive artificial intelligence infrastructure agreement with Meta Platforms. According to reports, Nebius stock rose about 15% on Monday, bringing its gains to roughly 35% for the year.
The Dutch technology firm said it signed a five-year deal worth up to $27 billion to supply AI computing infrastructure to Meta. According to the company statement, the project will begin in 2027 with Nebius delivering $12 billion in dedicated computing capacity across multiple locations.
Nebius signs a new AI infrastructure agreement with Meta (up to ~$27B).
— Nebius (@nebiusai) March 16, 2026
"We are pleased to expand our significant partnership... to accelerate the build-out and growth of our core AI cloud business." - CEO Arkady Volozh
Read more: https://t.co/B5DUj6qub9 pic.twitter.com/qGCwXz4Wjs
The report said Nebius plans to build large-scale AI clusters using Nvidia’s Vera Rubin hardware. Meta will receive exclusive access to this computing infrastructure.
Meta also agreed to purchase up to $15 billion in additional computing capacity over the next five years. If Nebius cannot sell extra capacity to other customers, Meta will buy it.
Nebius CEO Arkady Volozh said the agreement strengthens the company’s AI cloud business. Analysts say the deal could position Nebius as a major supplier in the growing AI infrastructure market.
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