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Nebius Secures $3.5 Billion Citi Facility for AI Cloud Expansion

Nebius Secures $3.5 Billion Citi Facility for AI Cloud Expansion

Photo: TokenPost

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

Source: TokenPost

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