Nebius signed an AI infrastructure agreement with Meta, with up to about $27 billion in total contract value across the agreement and its initial orders

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Nebius, Inc., a wholly owned subsidiary of Nebius Group N.V., entered into an Infrastructure Service Agreement with Meta Platforms, Inc. on Mar 13, 2026, and Nebius reported it on Mar 16, 2026 in a Form 6-K, the report a foreign company files with the U.S. Securities and Exchange Commission. The agreement and its initial orders had a total contract value of up to approximately $27 billion, the filing said. Under the agreement, Nebius and Meta were to enter into a series of orders, each for a duration of 5 years.1^,2^,3

Certain orders were for dedicated GPU capacity clusters across multiple locations, with deployments in tranches starting early 2027 and associated storage and connectivity services, and those orders carried $12 billion in total contract value. In its press release, Nebius said the $12 billion of dedicated capacity was based on one of the first large-scale deployments of the NVIDIA Vera Rubin platform and would be delivered starting early 2027.4^,5

A further order gave Meta access to any unsold capacity on certain GPU clusters, which Nebius said it intended to sell to third-party customers of its AI cloud. Where Nebius did not sell that capacity, Meta was obligated to buy it for the remainder of a period ending 5 years from the date it was first deployed, under an order with up to $15 billion in potential total contract value. The press release described Meta's commitment as up to a total of $15 billion over a five-year period.6^,7^,8

The agreement and the orders contained customary provisions, the filing said, including termination, service level commitments and discounted monthly fees for late delivery. Founder and CEO Arkady Volozh said in the release that Nebius was pleased to expand its partnership with Meta as part of securing more large, long-term capacity contracts to accelerate the build-out and growth of its core AI cloud business. Nebius also said its guidance for 2026 remained unchanged.9^,10^,11