Nebius Raises $4.3B To Scale AI Infrastructure After Nvidia, Meta Deals

The company issued two tranches of notes one maturing in 2031 and the other in 2033 bringing the total raised to about $4.34 billion. This amount includes an additional $337.5 million in notes that investors chose to purchase beyond the initial offering. Nebius may raise even more, with an option still open to issue an extra $262.5 million in the coming days.

The announcement builds on earlier plans to raise $3.75 billion through a similar offering, split between $2 billion due in 2031 and $1.75 billion due in 2033, along with an option to increase the total by $562.5 million.

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In parallel, the company also revealed partnerships with NVIDIA and Meta.

Nebius intends to use the funds to expand its AI infrastructure, including building and scaling data centers, advancing its AI cloud platform, and acquiring essential hardware such as GPUs. Part of the capital will also support general corporate purposes.

Overall, the move underscores just how capital-intensive the AI race has become, particularly for companies aiming to compete at scale.

Nebius is positioning itself as a full-stack AI cloud provider, offering the tools and infrastructure businesses need to build, train, and deploy AI models.

Its platform is built to support the entire lifecycle of AI development from early experimentation to fully scaled, production-grade systems.

Beyond its core operations, Nebius owns Avride which focuses on autonomous vehicles and delivery robots and TripleTen, an edtech platform aimed at reskilling individuals for tech careers. The company also holds stakes in firms such as ClickHouse and Toloka.