21 August 2026
Nebius raises $4.5 billion through convertible bonds for expansion
First reported
TLDR AI ran this on .
- Nebius, an AI cloud computing company, is raising $4.5 billion by issuing convertible bonds, a type of debt that can be converted into company stock.
- The company plans to use the funds to buy AI accelerators, hardware that speeds up AI model training, and build more datacenters globally.
