The Economic Times

NBIS stock today rallies after Meta signs $27 billion AI infrastructure partnership with Nebius - here's what investors need to know

NBIS stock today: Nebius shares surged premarket after announcing a significant five-year agreement with Meta for AI infrastructure, potentially worth up to $27 billion. This deal includes $12 billion in dedicated computing capacity and up to $15 billion in additional resources, solidifying Nebius's position in the AI cloud market.