Nebius Secures $3.5B Citi Loan for AI Data Centers
AI cloud company Nebius announced a $3.5 billion, 364-day secured loan facility from Citi to fund data centres and GPU purchases, amid investor scrutiny of neocloud debt and borrowing costs.
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| Oct 22, 4:56 AM | thenextweb.com | Nebius borrows $3.5bn from Citi as it says AI compute prices keep rising |
| Oct 21, 5:21 AM | cnbc.com | Investors are questioning neoclouds' business model but Nebius says AI computing prices are rising |