Nebius says "well-funded" for AI race after closing $4.3 billion debt raise

Wait 5 sec.

AMSTERDAM, March 22 (Reuters) - ⁠Nebius closed a $4.34 billion convertible debt funding round on Monday, with a ⁠company executive saying that the European AI infrastructure firm is now "well-funded" to ‌meet its 2026 capital spending plans of $16 billion to 20 billion. Read full story