The $775 million asset-backed deal avoids shareholder dilution and boosts confidence in Nebius’s AI infrastructure growth.
Nebius Group raised $775 million in its first secured debt financing to expand AI infrastructure, avoiding equity dilution. The deal, backed by rigorous due diligence, signals strong confidence in the company’s asset value and growth potential.
The funding follows partnerships with Meta and Nvidia, which provide revenue visibility as Nebius builds GPU clusters for enterprise and hyperscale clients. Shares rose 3% after the announcement, reflecting market approval of the non-dilutive capital raise.
AI infrastructure remains a key investment theme amid concerns over rising debt and capital spending by hyperscalers like Meta, Microsoft, and Alphabet. Nebius’s deal contrasts with broader market anxiety over demand sustainability.