Nebius Secures $3B Meta Deal, AI Stock Soars

Nebius, an AI infrastructure company, reported a quadrupled revenue in Q3 and secured a $3 billion contract with Meta Platforms. Despite a stock dip, the Meta deal validates Nebiuss technology and positions it as a key player in AI infrastructure. The companys efficiency and readiness to scale up are highlighted by the quick deployment of the Meta contract. With global spending on data centers projected to reach $6.7 trillion by 2030, Nebiuss massive growth and demand for AI computing power make it an attractive investment for 2026.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.