WS #16308
Despite broader tech weakness, the AI infrastructure build-out remains robust. Nebius has secured a $3.5 billion credit facility from Citi to fund GPU purchases and data center expansion, backed by long-term contracts. This is corroborated by Nokia's partnership with Supermicro to deploy AI-enabled radio access networks. These developments highlight that capital expenditure in AI hardware and infrastructure is accelerating, even as software and application-layer companies face valuation pressure.
AI Infrastructure Investment
Despite broader tech weakness, the AI infrastructure build-out remains robust. Nebius has secured a $3.5 billion credit facility from Citi to fund GPU purchases and data center expansion, backed by long-term contracts. This is corroborated by Nokia's partnership with Supermicro to deploy AI-enabled radio access networks. These developments highlight that capital expenditure in AI hardware and infrastructure is accelerating, even as software and application-layer companies face valuation pressure.