Nebius and Meta sign a $27 billion, five-year contract, with Vera Rubin's first large-scale deployment

CoinNetwork · 2026-03-16T14:58:04+00:00

Nebius Group has signed a 5-year AI infrastructure supply agreement with Meta, with a maximum contract value of $27 billion. The agreement includes $12 billion in dedicated compute capacity and up to $15 billion in new cluster procurement, reflecting the deepening of cooperation between the two parties. Additionally, Nebius plans to prioritize the sale of this capacity to third parties.

CoinNetwork

2026-03-16 14:58:04

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CryptoWorld reports that, according to 1M AI News monitoring, Nebius Group (Nasdaq: NBIS) announced today a new 5-year AI infrastructure supply agreement with Meta, with a total contract value of up to approximately $27 billion. The agreement is divided into two parts: Nebius will provide Meta with $1.2 billion in dedicated computing power, based on one of the first large-scale commercial deployments of NVIDIA’s Vera Rubin platform, expected to begin delivery as early as early 2027; additionally, Meta has committed to an extra purchase of up to $15 billion in computing power for Nebius’s upcoming new cluster. Nebius plans to prioritize selling this capacity to third-party clients, with the remaining capacity handled by Meta. This is a result of expanding existing cooperation between Nebius and Meta. CEO Arkady Volozh stated they will “continue to deliver,” and the company’s 2026 financial guidance remains unchanged. On March 11, NVIDIA announced a $2 billion investment in Nebius, with the goal of deploying over 5GW of NVIDIA systems by the end of 2030. Today’s Meta contract can be seen as the first large-scale implementation of that collaboration.

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