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Story summary
- Amazon, Meta, Alphabet, and Microsoft plan to spend $625 billion on AI in 2026, signaling a surge in hyperscaler investment.
- Nebius Group, a Dutch AI data-center company, sold out capacity in Q3 2025 and plans to expand from 220 MW to 800 MW–1 GW by end-2026.
- Nebius has secured $4.3 billion in funding and major contracts with Microsoft and Meta, positioning it as a strong contender in the AI market.
