Nebius shares surge after $3 billion Meta AI deal and 355% revenue jump

Amsterdam-based Nebius Group (NBIS) said its third-quarter revenue rose by more than 350%, showing strong growth in the fast-moving AI sector, as per Yahoo Finance. Nebius signed a $3 billion, five-year deal with Meta Platforms (META) to provide AI infrastructure, highlighting the global race to secure computing power for artificial intelligence.

This Meta deal is Nebius’s second big partnership in 2025. In September, it signed a $17.4 billion agreement with Microsoft, which could grow to $19.4 billion by 2031, as stated by Inveez.