Nebius Group has reported a significant boost in business after signing large-scale contracts with major technology firms. In its most recent public disclosures, the company highlighted a $3 billion infrastructure agreement with Meta to provide advanced AI cloud services over the next five years. This follows Nebius’s earlier multi-billion-dollar commitments with other hyperscalers, reaffirming its role as a key provider of scalable AI compute solutions.
Despite rapid revenue growth—more than quadrupling over recent quarters—the company has also noted ongoing capital expenditures as it expands data center capacity and computing assets to meet customer demand. Executives say this investment will support long-term growth, although near-term operating losses reflect the pace and scale of infrastructure build-outs. Investors are watching closely as Nebius balances expansion with profitability in a fiercely competitive AI cloud market.
