Nebius Intends to Raise $3.75 Billion via Convertible Loan Following Meta, Nvidia Deals
Published by Global Banking & Finance Review®
Posted on March 17, 2026
1 min readLast updated: March 17, 2026
Published by Global Banking & Finance Review®
Posted on March 17, 2026
1 min readLast updated: March 17, 2026
Nebius, Europe’s largest AI infrastructure firm, seeks to raise $3.75 billion via a convertible loan to fund its AI cloud services, following a $27 billion AI infrastructure agreement with Meta and a $2 billion investment from Nvidia.
March 17 (Reuters) - Nebius, Europe's largest AI infrastructure firm, said on Tuesday it aims to raise $3.75 billion via a convertible loan offering.
The news follows two big announcements from Nebius this month, a deal worth up to $27 billion to provide AI computing power to Meta, and a $2 billion investment from Nvidia.
Nebius said it would use the proceeds from the convertible loan to finance its core AI cloud services business.
In February, the fast-growing Nebius reported a fourth-quarter net loss of $250 million on revenue of $228 million, and said it expected revenue to hit an annualized run rate of $7 billion to $9 billion by the end of this year, from $1.25 billion at the end of 2025.
The company said on Monday that its 2026 guidance remains unchanged.
(Reporting by Toby Sterling in Amsterdam; Editing by Shinjini Ganguli)
Nebius plans to raise $3.75 billion through a convertible loan offering.
Nebius announced an up-to $27 billion deal with Meta and a $2 billion investment from Nvidia.
The funds will be used to finance Nebius's core AI cloud services business.
Nebius expects an annualized revenue run rate of $7 billion to $9 billion by year-end.
Nebius is based in Europe, with reporting from Amsterdam.
Explore more articles in the Finance category


