Nebius Expands AI Compute Capacity with 1 GW Datacenter Buildout

TL;DR. Nebius plans to bring online over a gigawatt of datacenter capacity annually starting in 2027 to meet AI compute demand. - The 'rent-a-GPU' provider aims for 1 GW of new capacity yearly, requiring $20-25 billion in capex for 2026. - Nebius will fund expansion through customer prepayments, asset-backed debt, and an asset-light partnership model. - The company projects significant revenue from its deployed capacity, with short-term leases yielding higher returns.

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