ShenChao TechFlow News: On March 16, according to a report from jinshi Data, Meta will spend up to $27 billion over the next five years to acquire cutting-edge artificial intelligence infrastructure from Nebius Group, a cloud service provider. Dutch company Nebius stated in a statement released on Monday that beginning in early 2027, it will provide Meta with $12 billion in dedicated computing power. Meta also committed to purchasing up to $15 billion in additional computing power. This expenditure represents one of the largest single contracts Meta has signed, highlighting its urgent need to expand computing capacity to support artificial intelligence product development. Last year, it also signed a separate $3 billion contract with Nebius.
ShenChao TechFlow News: On March 16, according to a report from jinshi Data, Meta will spend up to $27 billion over the next five years to acquire cutting-edge artificial intelligence infrastructure from Nebius Group, a cloud service provider. Dutch company Nebius stated in a statement released on Monday that beginning in early 2027, it will provide Meta with $12 billion in dedicated computing power. Meta also committed to purchasing up to $15 billion in additional computing power. This expenditure represents one of the largest single contracts Meta has signed, highlighting its urgent need to expand computing capacity to support artificial intelligence product development. Last year, it also signed a separate $3 billion contract with Nebius.