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International Business Times
International Business Times
National
Brian Slupski

Meta Secures $27B Worth of AI Computing Power Well Over Next Five Years

Meta Nebius CNBC

Meta and Nebius signed a massive $27 billion deal to boost the company's AI computing power over the next five years.

Nebius, a Dutch cloud provider, saw its stock rise 14 percent in early trading Monday following the deal's announcement, CNBC reported.

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