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
Nebius Plans $3.75 Billion Convertible Loan After Meta, Nvidia Partnerships
Nebius' Strategic Financial Moves and Recent Partnerships
Convertible Loan Offering Announcement
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.
Recent Major Partnerships
Meta Deal
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.
Nvidia Investment
Nebius said it would use the proceeds from the convertible loan to finance its core AI cloud services business.
Financial Performance and Outlook
Recent Financial Results
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.
2026 Guidance
The company said on Monday that its 2026 guidance remains unchanged.
Reporting Credits
(Reporting by Toby Sterling in Amsterdam; Editing by Shinjini Ganguli)
