The financing includes a $2 billion private offering of convertible senior notes and a $1 billion underwritten public offering of the company's class A shares. Nebius said it will use the cash to finance continuing growth, including the acquisition of additional compute power and hardware, securing land plots with reliable providers and expanding its data center footprint.
from Tech-Economic Times https://ift.tt/gpASC9e
Subscribe to:
Post Comments (Atom)
-
Facebook’s Zuckerberg blasted for ‘out of touch’ year-end post after scandal-plagued 2018 After a year plagued by privacy scandals, hat...
-
iCOPS will deliver a unified management experience across hybrid and multi-cloud operations with a focus on enhancing compliance and securit...
No comments:
Post a Comment