VENDOR · GLOBAL
Nebius secures $3.5bn credit facility from Citi for GPU and data center expansion
Nebius, an AI infrastructure company, landed a $3.5 billion credit line from Citi to scale GPU capacity and data centers. This reflects Citi's bet on AI compute bottlenecks and signals major banks are now financing frontier-AI infrastructure.
WHY IT MATTERS
Tier-1 bank financing AI-compute startups indicates embedded stakes in GPU supply chain. Expect more bank-vendor co-investment as LLM serving costs remain opaque.
Source: Finimize · 2026-10-22