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Nebius Secures $3.5 Billion Citi Facility for AI Cloud Expansion

The senior secured financing is intended to expand computing capacity for Nebius’ AI cloud business worldwide.

Cooling equipment frames a data center at first light / TokenPost.ai
Cooling equipment frames a data center at first light / TokenPost.ai

Nebius Group N.V. has secured access to a $3.5 billion senior secured financing facility from Citi to support expansion of its AI cloud computing capacity worldwide.

The financing is intended to support the company’s global infrastructure build-out for its AI cloud business.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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