Nebius Group secures $775 million in senior secured debt to scale its AI cloud platform and GPU capacity, backed by over $40 billion in customer

Nebius shares gained after securing a multi-year AI infrastructure agreement worth over $1 billion with startup Reflection AI through 2029.

Nebius shares gained after launching an asset-light AI cloud partnership model that enables infrastructure partners to deploy and operate its AI platform globally.

Will support neocloud's AI buildout