Nebius Prepares for AI Expansion Amid Market Fears

Nebius, a Netherlands-based data centre operator, plans to expand its business by leveraging recent multi-billion dollar contracts with Microsoft and Meta. The firm aims to build long-term relationships with traditional and emerging AI companies, despite fears of an AI bubble. Nebius is widening its client base and prioritizing margins over revenue in negotiations with hyperscalers. The company is preparing for potential economic downturns and expects the market for AI infrastructure to grow significantly.