The Business & Technology Network
Helping Business Interpret and Use Technology
«  
  »
S M T W T F S
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
 
 
 
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 
 
 
 

Meta to Spend $27 Billion on Nebius AI Data Centers

DATE POSTED:March 16, 2026

Meta Platforms struck a deal to spend $27 billion on Nebius Group’s AI data centers over the next five years, the cloud provider announced Monday. It follows a $3 billion deal Meta struck with Nebius last November.

In the latest deal, Dutch firm Nebius will supply Meta with $12 billion of ...