Nebius Group NV is raising $4.5 billion by issuing convertible bonds, according to company statements reported by outlets. The funding is intended to support the company’s expansion of data-center capacity for artificial intelligence.
Reporting agrees that the offering is structured in two parts. Nebius plans to sell $2.75 billion of notes that mature in 2030, with the remainder coming from a second tranche. Bloomberg and The Next Web both frame the move as part of a broader effort to meet rising demand for AI infrastructure, particularly through new or expanded data centers.
While both accounts focus on the same overall amount and purpose, they differ mainly in emphasis and detail. Bloomberg highlights the company’s use of the convertible-bond market to finance its data-center buildout for AI, while The Next Web provides additional breakdown of the offering’s terms and maturity. Both present the proposal as announced by Nebius and positioned as a financing step tied to its AI expansion plans.
