AI Infrastructure Firm Nebius Raises $3 Billion to Fuel Global Expansion

On September 10, 2025, Reuters reported that Amsterdam-based Nebius Group is in the process of raising $3 billion to drive growth in its AI cloud infrastructure. The round comprises a $2 billion private convertible senior notes offering and $1 billion in underwritten Class A shares, led by Goldman Sachs, Morgan Stanley, BofA Securities, and Citigroup. Nebius plans to use the proceeds to scale compute hardware, secure new sites, and expand its global data center footprint. This move follows a major $17.4 billion deal with Microsoft to provide GPU capacity, positioning Nebius as a major player in the AI infrastructure space.

Key Highlights

• $3 billion capital raise via notes & public offering

• Support from top investment banks: Goldman Sachs, Morgan Stanley, BofA, and Citigroup

• Funding to power further expansion of compute infrastructure and data center scale

• Builds on previous $17.4 billion infrastructure deal with Microsoft

Why This Matters

1. Scale-up for AI demand: The massive fundraise reflects how hyperscalers and infrastructure providers are racing to meet compute demand.

2. Financial market confidence: Major banks backing the raise signal strong investor belief in AI infrastructure’s profitability.

3. Global footprint expansion: Enables Nebius to acquire land, hardware, and allies essential for global data center deployment.

4. Competitive positioning: By pairing with Microsoft’s GPU needs, Nebius strengthens its standing among hyperscalers and infrastructure providers.

Source
Reuters – Full Article