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.

Summary by CanalMarket Global News. Read the full story at the original source: https://techcrunch.com/2026/11/12/nebius-tests-the-neocloud-playbook-with-40-billion-in-planned-spending/