Meta to Spend Up to $27 Billion to Purchase AI Infrastructure Services from Nebius

SmartContractAuditor · 2026-03-16T10:21:17+00:00

Meta will pay up to $27 billion to purchase artificial intelligence infrastructure from cloud service provider Nebius, with the contract set to commence in early 2027, demonstrating Meta's demand for expanding computing capacity.

SmartContractAuditor

2026-03-16 10:21:17

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Odaily Planet Daily reports that Meta will spend up to $27 billion over the next five years to acquire cutting-edge AI infrastructure from cloud service provider Nebius Group. In a statement released Monday, Dutch company Nebius said that starting early 2027, it will provide Meta with $12 billion in dedicated computing capacity. Meta also committed to purchasing up to an additional $15 billion in computing capacity. This expenditure is one of the largest single contracts Meta has signed, highlighting its urgent need to expand computing power to support AI product development. Last year, it also signed a separate $3 billion contract with Nebius.

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