Amsterdam-based AI cloud company Nebius has signed a $3.5 billion secured loan facility with Citi to build more data centres and buy GPUs. The 364-day facility carries interest at the Term SOFR rate plus a margin of 2.75% that can rise to 3.50%.
Datacentres, AI and dislike of the billionaires behind it have turned many Americans against big tech, and campaigns are using it. One Tennessee ad shows datacentres crushing rivers, parks and farmland to attack a candidate over a law that allowed them.
Google illegally cleared some 250,000 trees across 330 hectares of forest near Muhos in northern Finland to build a datacentre, and has been ordered to halt work at two sites in the country. Residents say muddy runoff from the stripped land is flowing into a nearby stream.
When it published its inference engine, DeepSeek disclosed a figure no other lab shares: how much a single GPU running its AI earns per hour. Frandroid notes that an RTX 5090 rented online earns its owner about 135 times less.
Google plans to open the infrastructure that runs its Gemini agents to Google Cloud customers. The service will first be available in preview.
Dell is adding to its Dell AI Factory with NVIDIA lineup: three PowerEdge servers, a modular data center and workstations for building AI agents.