Nebius Group announces pricing of upsized private offering of $5.0 billion of convertible senior notes

Aug 19 : AI cloud provider Nebius Group on Wednesday upsized its debt offering to $5 billion from $4.5 billion, as it seeks to ramp up investments in data centers and computing…

Nebius plans to raise $4.5 billion through convertible senior notes to fund data center expansion, GPUs, AI cloud development and corporate needs.