Bullish surprise! Just now, sharp rally! AI, major news incoming

Good news in the AI computing power sector!

On March 16, AI cloud company Nebius announced that it has signed a new long-term AI infrastructure supply agreement with tech giant Meta, with a total contract value of up to $27 billion. Driven by this news, Nebius’s stock surged nearly 18% in pre-market trading on Monday.

Notably, a few days earlier, AI leader NVIDIA announced it would invest $2 billion in Nebius to acquire a minority stake. Under the agreement, the two companies will collaborate on designing and deploying large-scale AI data centers.

According to strategic plans, Nebius expects to operate up to 16 global data center sites by the end of 2026 and to sign nearly 3 gigawatts of power capacity within the next year. This aggressive infrastructure development reflects the industry’s urgent demand for computing power.

AI cloud company receives more “good news”

On March 16, local time, AI cloud company Nebius announced that it had signed a new long-term AI infrastructure supply agreement with Meta, further strengthening their partnership. The total contract value of this agreement is up to $27 billion.

Under this five-year agreement, Nebius will provide a total of $12 billion in dedicated computing capacity at multiple locations, based on the initial large-scale deployment of NVIDIA Vera Rubin platforms. Nebius will start providing this capacity from early 2027.

Additionally, to access these NVIDIA Vera Rubin deployments, Meta has committed to purchasing an additional up to $15 billion in available computing capacity from Nebius’s upcoming specific clusters over the next five years. Currently, Nebius plans to sell this portion of capacity in its AI cloud business to third-party clients, with the remaining purchased by Meta.

This expenditure is one of Meta’s largest single contracts, highlighting its urgent need to expand computing capacity to support AI product development. Last year, Meta also signed a $3 billion standalone contract with Nebius.

Nebius founder and CEO Arkadi Voloz said, “We are pleased to expand our important partnership with Meta by signing more large-scale, long-term capacity contracts, accelerating the development and growth of our core AI cloud business. We will continue to work hard and deliver consistently.”

In pre-market trading on Monday, Nebius’s stock rose nearly 18%, reaching a high of $133.15. As of press time, the stock’s gain remains over 14%.

In the U.S. stock market, Nebius is a strong growth stock. The company’s stock price increased over 200% last year, and since the beginning of this year through last Friday, it has risen nearly 35%, with a market capitalization of $26.9 billion.

Nebius is one of the few emerging data center operators rapidly rising on the AI wave, focusing on providing customized infrastructure for AI model training and services like ChatGPT.

Recently received $2 billion investment from NVIDIA

On March 11, local time, NVIDIA announced a strategic partnership with Nebius to jointly develop and deploy the next-generation large-scale cloud for AI-native companies and enterprises.

NVIDIA will invest about $2 billion in Nebius through pre-funded warrants, acquiring a minority stake. This partnership is based on Nebius’s ongoing deployment of NVIDIA infrastructure across its global platforms, including multiple gigawatt-level AI factories in the U.S. To enable Nebius to deploy over 5 gigawatts of capacity by the end of 2030, NVIDIA will support Nebius in adopting the latest generation of NVIDIA accelerated computing platforms.

NVIDIA founder and CEO Jensen Huang said, “AI is at another turning point—intelligent agents are driving incredible computational demands and accelerating infrastructure development. Nebius is building an AI cloud designed for the age of intelligent agents, with comprehensive integration from chips to software, powered by NVIDIA’s next-generation accelerated computing. Together, we will expand cloud services to meet the growing global demand for intelligence.”

It is noteworthy that just before this investment announcement, Nebius received approval to build a large AI data center park in Independence, Missouri, covering a broad area with a capacity of 1.2 gigawatts. This project is among the largest AI infrastructure projects planned in the U.S., expected to create about 1,200 construction jobs and generate approximately $650 million in economic benefits over the next two decades.

According to strategic plans, Nebius expects to operate up to 16 global data center sites by the end of 2026 and to sign nearly 3 gigawatts of power capacity within the next year. This aggressive infrastructure expansion reflects the industry’s urgent need for computing power. Data shows that Nebius’s capital expenditure in Q4 2025 reached $2.1 billion, with projected annual capital expenditure between $16 billion and $20 billion in 2026.

Some foreign media report that despite Nebius’s revenue being approximately $530 million over the past twelve months, its long-term contracts and backlog orders indicate strong growth potential. The company has also reached multi-year agreements with Microsoft for the New Jersey Vinyland data center project, estimated to be worth between $17 billion and $19.4 billion.

This investment in Nebius is the latest in NVIDIA’s recent series of aggressive moves. In January, NVIDIA announced a $2 billion investment in competitor CoreWeave; in February, it invested $3 billion in OpenAI; last week, NVIDIA also participated in a $2 billion funding round for the UK emerging cloud service provider Nscale.