Nebius, an AI cloud company, has announced a long-term infrastructure agreement with Meta, reinforcing collaboration between the two companies and supporting the expansion of large-scale artificial intelligence capacity.
Under the five-year agreement, Nebius will provide $ 12 billion in dedicated compute capacity across multiple global locations. This capacity will be built on one of the first largescale deployments of the NVIDIA Vera Rubin platform, with delivery scheduled to begin in early 2027.
In addition, Meta has committed to purchasing further available compute capacity from selected future Nebius clusters, with total potential purchases reaching up to $ 15 billion over the same five-year period. Nebius plans to offer this capacity primarily to third-party customers within its AI cloud ecosystem, with Meta acquiring any remaining capacity.
The combined agreement represents a total potential contract value of up to approximately $ 27 billion, marking a significant milestone in Nebius’ s growth strategy and positioning the company as a major provider of next-generation AI infrastructure.
Arkady Volozh, founder and CEO, Nebius, said the company is pleased to expand its partnership with Meta while securing large, long-term capacity agreements. He emphasized that these commitments would accelerate the development of Nebius’ s core AI cloud business and support continued infrastructure expansion.
Nebius expects the agreement to drive sustained revenue growth, strengthen its market position, and enhance its ability to meet increasing global demand for advanced AI computing resources while supporting innovation and long-term strategic partnerships across the industry.
NETHERLANDS
Version 1, the global digital transformation and technology leader with its roots in Ireland, today opens its new Dublin headquarters and AI Studio at Four Park Place, marking a defining milestone in the company’ s three-decade journey to a 3,700-person, global technology organisation.
The opening represents a significant inward investment in Ireland’ s economy and positions Dublin as a global premier hub for enterprise AI innovation.
Alongside the new headquarters opening, Version 1 announced 250 new jobs across its operations. The company also recently shared plans at the UK-Ireland Summit to add 400 jobs in Northern Ireland following engagement with Invest NI.
The new facility goes beyond a traditional corporate headquarters. The AI Studio has been designed as a space to harness the power of technology by co-creating solutions to complex problems alongside customers from all sectors. It will also be available to schools, universities and community groups to democratise technology, reflecting the company view that AI must carry a social license and be developed responsibly.
Roop Singh, CEO, Version 1, said:“ Our principal belief is that AI enhances human capability, it does not replace it. This studio is where we will prove that, working alongside our customers and communities to build AI solutions that are practical, governed and grounded in real business outcomes.”
Kevin Sherry, Executive Director, Enterprise Ireland, said:“ Version 1’ s continued growth and investment in Ireland is a powerful example of an Irish company winning on the global stage. The opening of this AI Studio positions Ireland as a serious centre for AI innovation and reinforces our ability to develop and retain world-class technology talent.”
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