Nebius to invest $40 billion in expanding AI infrastructure

Nebius has announced plans to invest $40 billion in developing its own artificial intelligence infrastructure. The large-scale project will be funded through customer prepayments and debt financing.

The new "neocloud" financing strategy is intended to accelerate the construction of specialized data centers. However, analysts point to certain risks in the model: recent delays in launching a Microsoft data center have already raised questions among investors regarding the sustainability of such prepayment schemes.

The company will use the funds to purchase server hardware and expand computing capacity. The practical implementation of such investment volumes currently faces logistical and infrastructure constraints in the market.