Nebius Group Secures $3.5 Billion Senior Secured Financing Facility to Boost AI Cloud Infrastructure

Nebius Group N.V. (Nasdaq: NBIS), an AI cloud company, has secured a $3.5 billion senior secured financing facility from Citi. This capital infusion is intended to support Nebius' global infrastructure capacity expansion, marking a significant step in its diversified funding strategy. Nebius provides full-stack infrastructure and services for AI development, catering to startups and enterprises.