Artificial intelligence (AI) infrastructure provider Nebius Group N.V. (NBIS) has gained 93.47% this year, driven by strong earnings and rapid expansion that has created greater visibility into its future. Notable partnerships were instrumental in this rise.
In March, Nebius entered into a long-term AI infrastructure supply agreement with Meta Platforms (META). Under the agreement, Nebius is expected to provide Meta with $12 billion of dedicated capacity across multiple locations, with deliveries starting early 2027. This is based on the deployments of the Nvidia (NVDA) Vera Rubin platform.
