Nebius has secured a $3.5 billion financing facility from Citi to fund GPU purchases and expand its AI data-center infrastructure, giving the company additional capital to accelerate capacity deployment. 🔹 Key Highlights 💰 $3.5B Financing: Nebius secured a $3.5 billion financing facility from Citi. 🖥️ GPU Expansion: The financing will support additional GPU purchases and AI infrastructure expansion. 📉 Borrowing Costs: Initial borrowing costs start at approximately SOFR + 2.75%. ⏱️ 364-Day Facility: The 364-day structure provides capital to secure GPUs and accelerate near-term capacity deployment. 🤝 Major Contracts: Nebius has more than $40B in long-term contracts reportedly linked to Meta and Microsoft, providing visibility for future capacity demand. 🚀 AI Infrastructure Demand: The financing positions Nebius to take advantage of continued demand for AI compute. 💡 Why It Matters Access to capital is becoming increasingly important as AI infrastructure companies compete for GPUs and data-center capacity. Nebius' financing could allow it to secure computing resources faster while leveraging long-term customer commitments to support future infrastructure expansion. 🚀 ThinkSabio Start Your 7-Day FREE ThinkSabio Trial https://www.thinksabio.com/ ThinkSabio — Stocks Simplified