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

TechCrunch · Nov 12, 2026 — 21:27 · 1 views · Original article ↗

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.

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.

This is a summary of the story. Read the full article at TechCrunch ↗

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