Woofun AI reports that Nebius has finalized an initial senior secured debt financing package valued at approximately $775 million. The capital injection is designated for expanding the company's AI cloud platform, which is supported by deployed GPU infrastructure and revenue streams from investment-grade customer agreements.

The debt instrument carries a maturity date of 2030 and an interest rate structure of SOFR plus 2.50%. Nebius currently maintains more than $40 billion in contract revenue, with major clients including Microsoft and Meta.