Nebius Unveils Asset-Light AI Data Center Model with Outside Partners

Nvidia-backed Nebius has unveiled an asset-light AI data center model that allows outside partners to build and own facilities supporting its cloud platform.

This new strategy is a significant departure from the company's previous approach of financing and owning every data center itself, which limited its ability to expand computing capacity without major capital expenditures.

Nebius will now provide the system architecture, hardware design, software stack, and customers, while partners own and operate the physical infrastructure.