Nebius secures $3.5bn credit facility from Citi for AI infrastructure expansion

Nebius, a cloud infrastructure provider focused on AI workloads, has obtained a $3.5 billion credit line from Citibank. The facility supports Nebius's rapid scaling of GPU compute capacity and data centers serving financial and enterprise AI deployments globally.

Major banks are now structuring dedicated credit facilities for AI infrastructure vendors serving BFSI. This signals confidence in AI capex durability and creates new underwriting playbooks for fintech infrastructure lending.