Meta Platforms signed a deal to spend $27 billion with cloud company Nebius over the next five years. The social media company ramps up spending on AI infrastructure in one of its biggest contracts signed to date.
Netherlands-based Nebius, which has deals in place to deploy Nvidia’s infrastructure across its global platform, stated that Meta would pay $12 billion for dedicated capacity across multiple locations. This part of the deal represents one of the first large-scale deployments of the Nvidia Vera Rubin platform, starting from early 2027.
Also in connection with Nebius’ partnership with Nvidia, Meta committed to purchase additional available computer capacity across certain upcoming Nebius clusters for up to $15 billion. Nebius explained that it intends to sell this capacity to third-party customers of its AI cloud business, while the remaining capacity will be purchased by Meta.
Social media giant stated at the turn of 2026 that its capex on AI initiatives this year is expected to be in the range of $115 billion to $135 billion, as part of a wider commitment to spend $600 billion on US infrastructure by 2028. It struck a separate $3 billion deal with Nebius in 2025.
At a time when the smartphone market is increasingly pivoting toward artificial intelligence, HONOR is not trying to strengthen its position through hardware upgrades alone, but through a broader story built around user experience, practicality, and everyday value.
The UN Office on Drugs and Crime and INTERPOL launched a new initiative to fight financial fraud.
The US administration unveiled its national AI legislative framework that aims to create uniform security and safety guardrails while also attempting to preempt states from enacting their own rules.
