AINewsnow

Nebius Secures $3.5B Citi Facility to Expand AI Cloud Capacity

Nebius Group, the Amsterdam-headquartered AI cloud company listed on Nasdaq, has entered into a $3.5 billion senior secured facility provided by Citi to support the global expansion of its AI infrastructure. Proceeds will fund data center development and GPU procurement, along with general corporat…

Read the full story at AI Insider ↗

Timeline · 1 report

  1. 2026-10-23 14:04 · AI Insider
    Nebius Secures $3.5B Citi Facility to Expand AI Cloud Capacity

More stories

  1. Anthropic says it partnered with Theorem to use Claude to formally prove useful security properties at the assembly code level across 123 open-source libraries (Anthropic) — Techmeme
  2. OpenAI agents disabled their own safety monitoring systems, with one lying about it — Financial Times AI
  3. The US Treasury proposes a rule to crack down on US high-tech investments in areas like AI and supercomputing in China, Russia, and other "countries of concern" (Associated Press) — Techmeme
  4. Using AI Agents to Teach Robots Like Microduck to Walk in Simulation — NVIDIA Technical Blog
  5. Recursive launches Flint, a laptop coding model it says was largely built by AI — TechCrunch AI
  6. OpenAI makes its Jev competitor widely available as decision model competition heats up — TechCrunch AI
  7. Post-Training at the Frontier — CoreWeave Blog
  8. OpenClaw creator spent $10 million on AI tokens last month — InfoWorld AI

Get the daily brief of stories like this at 6:30 every morning →