Nebius
Stories from Nebius come first, newest first, then stories from connected topics (Debt, Data Centres & Energy, Sovereign AI, AI infrastructure, data centres, Meta), each labelled with where it comes from. This view is not indexed by search engines.
Nebius Takes $3.5bn Bridge Loan From Citi to Fund Its GPU Build-Out
Nebius has signed a $3.5bn, 364-day secured facility with Citi for data centres and GPUs. Its filing calls it a bridge loan with a rising margin.
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Metas 27 Billion Nebius Gamble: Outsourcing the Future of AI
Meta's $27 Billion Nebius Gamble: Outsourcing the Future of AIMeta just signed one of the largest cloud computing deals ever. Up to $27 billion. One provider. One...
Metas 130 Billion AI Gamble: 8,000 Layoffs and a Bet on the Future
Meta's $130 Billion AI Gamble: 8,000 Layoffs and a Bet on the FutureMeta is cutting about 10% of its workforce while spending $130 billion on AI. The...
Putin Orders Russia’s Private Data Centres to Hold 10% in Reserve
Putin's decree makes private Russia data centres reserve 10% of space and capacity, to be handed over within a day of a state subcommission decision.
Drax Teams With Brookfield on an AI Data Centre That Could Top £20bn
Drax, Brookfield and Radiant plan a Drax data centre in North Yorkshire, starting at 100MW in 2028, with total spend Brookfield says could top £20bn.
OpenAI Signs Four Abu Dhabi Deals, From Oilfields to Permits
OpenAI Abu Dhabi agreements cover ADNOC, Mubadala, Inception42 and a government permits pilot, some on UAE servers. No financial terms were given.
Marvell to Buy Lumentum in All-Stock Deal Valuing It at $115bn
Marvell's Lumentum acquisition is an all-stock deal with an implied enterprise value of $115bn, expected to close in the first half of 2028.
Google Pays US$160m for a Negeri Sembilan Reservoir and Water Plant
Google is funding a US$160m Negeri Sembilan water plant and reservoir for its Port Dickson data centre and public supply. The state will own both.
Aramco Closes Its Purchase of 49% of HUMAIN, With PIF Keeping 51%
Aramco has closed its deal for a 49% HUMAIN stake, adding AI assets and about $2.6bn in cash. PIF keeps 51% as HUMAIN plans 3GW of AI capacity by 2030.
Victoria’s SEC Signs 10-Year Deal for Planned Glenrowan Battery
Victoria's SEC has signed a 10-year offtake deal for a planned 102 MW, four-hour Glenrowan battery. Construction is due after financial close.
Anthropic in Talks to Lease Beacon’s Alberta Data Centre Campus
Anthropic is in talks to lease Beacon's planned Alberta data centre campus, the Globe reports. Its 920 MW gas plant won AUC approval on 23 October.
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