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Checked fact 476813 Nov 2026Money and compute

Nebius's letter to shareholders from founder and CEO Arkady Volozh, dated November 12, 2026, says Nebius anticipates capex of $40-45 billion in 2027.

The exact words it rests on

We anticipate capex of $40-45 billion, with a disciplined and diversified funding mix.

What the source said when we opened it, on 13 Nov 2026.

The source

Nebius Group letter to shareholders, Q3 2026
Nebius Group · 2026-11-12

Checked

Checked by the notis newsroom on , against the source above.

In the story

Nebius expects $40-45 billion of capital spending in 2027, according to its letter to shareholders. 13 Nov 2026

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