AIB Data Centers signs 50 MW deal with Nebius in southeastern U.S.

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Go back to AIB Data Centers signs 50 MW deal with Nebius in southeastern U.S.

AIB Data Centers Signs Contract with Nebius for AI Data Center Capacity

September 30, 2026 8:17 AM EDT

Optional Renewals Could Increase Total Contract Value

NEW YORK, Sept. 30, 2026 (GLOBE NEWSWIRE) -- AIB Data Centers Inc. (NYSE American: AIB) (AIB or the Company), a developer and operator of purpose-built data centers for artificial intelligence and high-performance computing, today announced that it has entered into a binding agreement with Nebius (Nasdaq: NBIS), the AI cloud company, for 50 MW of critical IT capacity at AIBs facility located in the southeastern United States.

AIB expects the customer prepayments under the initial 12-year term, together with project-level debt and... More