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Nebius Secures $3.5 Billion Financing from Citi to Boost AI Data Center Expansion

Nebius Secures $3.5 Billion Financing from Citi to Boost AI Data Center Expansion

Nebius secures $3.5b credit facility from Citi
Nebius secures $3.5b credit facility from Citi

Nebius said the facility complements customer prepayments and operating cash flows.

Nebius gets $3.5 billion Citi facility for data center growth
Nebius gets $3.5 billion Citi facility for data center growth

AI cloud services firm Nebius on Thursday said ​it had secured a $3.5 billion financing facility ‌from Citi to fund continued development of its data centres and GPU purchases as it races to...

Nebius gets $3.5 billion Citi facility for data center growth
Nebius gets $3.5 billion Citi facility for data center growth

Nebius has successfully acquired a substantial $3.5 billion financing facility from Citi, aimed at expanding its operations. This crucial funding will enable the growth of its data centers and...

Nvidia-backed Nebius secures $3.5 billion in Citi financing to expand AI data centers and GPU capacity
Nvidia-backed Nebius secures $3.5 billion in Citi financing to expand AI data centers and GPU capacity

The AI cloud provider secures fresh financing to accelerate its global expansion, supported by more than $40 billion in long-term customer contracts. Nvidia-backed AI cloud provider Nebius Group...

Nebius acquires $3.5 billlion debt facility with city for its AI data center needs
Nebius acquires $3.5 billlion debt facility with city for its AI data center needs

AI cloud company Nebius Group has secured a $3.5 billion loan from Citi to build more data centers and buy GPUs. The company announced the deal in a press release and confirmed it on its official...

Nebius borrows $3.5 billion as investors question neocloud debt
Nebius borrows $3.5 billion as investors question neocloud debt

Nebius Group N.V. (NBIS), which rents out computing power built on Nvidia Corp. (NVDA) chips, just borrowed $3.5 billion from Citigroup. The facility matures in 364 days, according to an Oct. 22...

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