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Technology

Nebius tests the neocloud playbook with $40 billion in planned spending

DailyTrend

Nov 12, 2026 - 17:00

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Nebius tests the neocloud playbook with $40 billion in planned spending

Nebius plans to fund its $40 billion AI infrastructure expansion through customer prepayments and loans, even as delays at a Microsoft data center raise questions about its financing model.