Nebius Secures $3.5 Billion Citi Facility for Data Center Growth
Nebius said it secured a $3.5 billion financing facility from Citi to fund continued data center development and GPU purchases.
AI cloud services firm Nebius NASDAQ:NBIS on Thursday said it had secured a $3.5 billion financing facility from Citi to fund continued development of its data centers and GPU purchases as it races to expand capacity.The announcement comes against the backdrop of a sell-off in shares last week rela…