Svmuu News: Meta Platforms Inc. will pay up to $27 billion over the next five years for cutting-edge artificial intelligence infrastructure from cloud service provider Nebius Group. The Dutch company Nebius stated in a Monday announcement that it will provide Meta with $12 billion in dedicated computing capacity starting in early 2027. Meta has also committed to purchasing up to an additional $15 billion in computing capacity. This expenditure marks one of Meta's largest single contracts, underscoring its urgent need to expand computing power to support AI product development. Last year, it also signed a separate $3 billion contract with Nebius. (Jinshi)