Nebius surged 16% in pre-market trading! Reports: Meta will collaborate with it on AI over the next five years, with expenditures reaching up to $27 billion.
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On March 16, according to media reports, Meta plans to cooperate with AI infrastructure company Nebius over the next five years, with spending reaching up to $27 billion. Previously, Nvidia announced a $2 billion investment in Nebius.
Boosted by this news, Nebius surged 16% in pre-market trading.

More updates to follow.
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