According to TechCrunch, Nebius announced during its earnings call a capital expenditure plan of approximately $40 billion to $45 billion for 2027, expecting asset financing backed by customer prepayments and investment-grade customer contracts to cover up to 85% of it. The company stated that due to delivery delays at a third-party data center in New Jersey, the remaining portion of Microsoft-related capacity is now scheduled for delivery in the second quarter of 2027, while lowering its 2026 revenue guidance by $200 million to $3 billion. The report noted that Microsoft has not publicly canceled the related transactions, nor has it confirmed agreement on the new delivery date. The aforementioned expenditures, financing coverage rates, and delivery timelines are planned or projected figures and do not imply that funds are fully secured or that contract performance risks have been eliminated.