Nate Endicott(@EndicottInvests):$NBIS BREAKING: Nebius signed a preliminary framework with HUMAIN(One of Saudi Arabia's largest sovereign wealth funds) and DataVolt to be the anchor customer at NEOM's Oxagon AI campus. The details: • Up to 50MW, half of the first 100MW now under construction • Phase 1 is planned at 360MW total • Capacity comes online in phases starting Q4 2027 • Nebius is HUMAIN's first customer • Signed at NVIDIA GTC Berlin It's still preliminary, so not a done deal yet. But Saudi Arabia's sovereign fund is picking Nebius as its first customer.

2026.10.21 16:44

$NBIS BREAKING: Nebius signed a preliminary framework with HUMAIN(One of Saudi Arabia's largest sovereign wealth funds) and DataVolt to be the anchor customer at NEOM's Oxagon AI campus. The details: • Up to 50MW, half of the first 100MW now under construction • Phase 1 is planned at 360MW total • Capacity comes online in phases starting Q4 2027 • Nebius is HUMAIN's first customer • Signed at NVIDIA GTC Berlin It's still preliminary, so not a done deal yet. But Saudi Arabia's sovereign fund is picking Nebius as its first customer.