Business
Nebius Unleashes $4.5 Billion AI Funding Bet—But the Real Number Could Be Even Bigger
Amsterdam-based AI cloud company Nebius Group is making another massive push into the artificial intelligence infrastructure race, announcing plans to raise $4.5 billion through a private offering of convertible senior notes as it races to expand data centers, computing capacity and its full-stack AI cloud platform. The proposed financing, announced Wednesday, August 19, 2026, comes as demand for AI computing continues to surge and companies scramble to secure scarce GPU and data-center capacit
