# Nebius Group Data Centers, Capex and GPU Pricing
Source: https://savrn.com/ai-index/companies/nebius-group
Markdown alternate of the page above; the site index is https://savrn.com/llms.txt

---

[SAVRN Index.](https://savrn.com/ai-index)

Explore the IndexCompanies

Nebius Group has raised a $700 million strategic equity round, a $3.75 billion equity-plus-converts package, approximately $4.3375 billion and $5.0 billion convertible note offerings, and a $2 billion Nvidia equity investment tied to scaling more than 5GW by 2030. Anchor contracts include a $17.4 billion five-year Microsoft agreement expandable to up to $19.4 billion, anchored at Vineland, New Jersey, and Meta agreements of $3 billion and then $27 billion over five years. Contracted-power guidance has escalated to more than 4GW, with Q1 2026 group revenue of $399.0 million and capex of approximately $2.5 billion.

Updated October 25, 2026Capital record from the Capital Atlas

Named sites

4

Site commitments on record for Nebius Group

Disclosed site capital

n.a.

Named sites with a stated dollar figure. A floor, not a capex total

Disclosed capacity

1,500 MW

Named sites with a stated megawatt figure

Financing transactions

14

Transactions naming Nebius Group or one of its sites

Prices tracked

13

5 confirmed on the provider's feed or page at the last check

Sources

29

Every cited page, listed below

MarketMarket data from TradingView, delayed

Loading NASDAQ:NBIS from TradingView

Spending

## Reported and guided spending

Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent, and guidance is what management expects. They sit side by side and are never combined.

| Period | Kind | Amount | As stated | Sources |
| --- | --- | --- | --- | --- |
| Q1 2026 | reported | ~$2.5B | Q1 2026 capex approximately $2.5 billion; $6.3 billion of capital secured in the quarter, $2.3 billion positive operating cash flow, $9.3 billion ending cash |  |
| Q3 2025 | reported | $956M | Q3 2025 capex of $955.5 million against revenue of $146.1 million |  |
| FY2026 guidance | guidance | ≥$3.2B | 2026 revenue guidance of $3.0B-$3.4B (midpoint recorded) and $7B-$9B ARR; contracted-power guidance escalated from >1GW (Aug 2025) to >2.5GW, >3GW and currently >4GW |  |

Named sites

## Where Nebius Group builds

| Site | State | Place | Capital | MW | Status | Sources |
| --- | --- | --- | --- | --- | --- | --- |
| Highridge Business Park AI factorywith PPL Electric Utilities | [Pennsylvania](https://savrn.com/data-center-capital-atlas/pennsylvania) | Butler Township, Schuylkill County | n.a. | 1,200 | announced |  |
| Vineland build-to-suit facilitywith Microsoft | [New Jersey](https://savrn.com/data-center-capital-atlas/new-jersey) | Vineland | n.a. | 300 | announced |  |
| Independence AI factory campusGroundbreaking 12 May 2026 | [Missouri](https://savrn.com/data-center-capital-atlas/missouri) | Independence, Jackson County | n.a. | n.a. | construction |  |
| Kansas City colocation | [Missouri](https://savrn.com/data-center-capital-atlas/missouri) | Kansas City | n.a. | n.a. | announced |  |

Financing

## Financing transactions

Transactions that name Nebius Group as a party or attach to one of its named sites. Amounts are as stated, and overlapping commitments are never summed.

| Parties | Instrument | Amount | Date | Site | Sources |
| --- | --- | --- | --- | --- | --- |
| Nebius Group + MetaSecond, far larger Meta agreement following the initial $3 billion deal. | other | $27.0B | compute purchase beginning early 2027 | n.a. |  |
| Nebius Group + MicrosoftAI infrastructure agreement anchored at the Vineland, New Jersey facility, with more than 100,000 GB300 units planned. | other | $17.4B | September 2025 | Vineland build-to-suit facility (NJ) |  |
| Nebius GroupUpsized private offering of convertible senior notes. Closed 24 August 2026 with aggregate principal of $5.75 billion after initial purchasers exercised options: $3.45 billion of 0.50% notes due 2030 and $2.3 billion of 4.50% notes due 2034. Holders exchanged $400 million of 2029 notes and $400 million of 2031 notes for approximately 15.8 million Class A shares | convertible | ~$5.8B | Priced 19 August 2026; closed 24 August 2026 | n.a. |  |
| Nebius GroupPrivate offering of convertible senior notes with aggregate gross proceeds of approximately $4.3 billion. | convertible | ~$4.3B | closed March 20, 2026 | n.a. |  |
| Nebius GroupCombined stock offering and convertible notes raise. | convertible | $3.8B | September 2025 | n.a. |  |
| Nebius + CitiNebius secured a $3.5 billion senior secured loan from Citi to fund data center buildout and GPU purchases. The loan has a 364-day term and an initial interest rate of Term SOFR plus 2.75%, potentially rising to 3.50%. It is Nebius’s second major capital raise in about two months. | debt facility | $3.5B | October 22, 2026 (per Cryptopolitan) | n.a. |  |
| Nebius Group + MetaInitial Meta compute agreement, signed as Nebius described current available capacity as sold out. | other | $3.0B | n.a. (reported alongside sold-out capacity commentary) | n.a. |  |
| Nvidia + Nebius + Nebius GroupNvidia committed $2 billion of equity to Nebius on March 11, 2026, under a partnership to scale more than 5GW by 2030, having also participated in Nebius's December 2024 round. | equity raise | $2.0B | March 11, 2026; plus Dec 2024 round participation | n.a. |  |
| Industrial Development Funding + Oaktree + Bloom Energy + Nebius GroupIndustrial Development Funding and Oaktree agreed to invest $1.7 billion to deploy Bloom Energy fuel cells supplying dedicated behind-the-meter power to Nebius AI cloud infrastructure. The specific Nebius sites were not named in the fetched coverage. Nebius later adopted Bloom fuel cells in the approved plan for its Vineland, New Jersey campus | project equity investment in behind-the-meter power | $1.7B | Announced 16 July 2026 | n.a. |  |
| AIB Data Centers Inc. (AIB CLT1 LLC) + NebiusAIB Data Centers signed a binding agreement with Nebius for 50 MW of critical IT capacity at its facility in the southeastern United States, delivered in two data halls and supported by AIB's 15-year Electric Service Agreement for 65 MW of utility load at the site. AIB's Form 10-Q identifies the 65,000 kVA agreement with its CLT-01 Campus in Spartanburg County, South Carolina, a former 40 MW bitcoin hosting facility being repurposed to about 65 MW. The release does not name the town. AIB's investor presentation says Nebius's guaranty backs the contract, rent commences hall by hall (two 25 MW halls targeted at about months 10 and 14), and the 12-year term runs from the first hall. | lease | ≥$1.3B | Announced 30 September 2026 (AIB release via GlobeNewswire); contract value from AIB investor presentation furnished on Form 8-K 30 September 2026; ESA service scheduled to begin 1 October 2026 | AIB Data Centers CLT-01 Campus (SC) |  |
| Nebius Group + ReflectionAI startup Reflection signed a deal worth more than $1 billion to secure computing capacity from Nebius, including access to Nvidia's latest chips. The agreement builds on Reflection's June 2026 compute agreement with SpaceX. Contract term and data center locations were not disclosed | compute capacity agreement | ≥$1.0B | Announced 14 July 2026 | n.a. |  |
| Nvidia + CoreWeave + Nebius + Nscale + Lambda + CrusoeNvidia backstops $860M of partner data center lease obligations, with $470M escrowed, across CoreWeave, Nebius, Nscale, Lambda and Crusoe. | guarantee | $860M | Date n.a. in this part | n.a. |  |
| Nebius Group + MUFG + ABN AMRO + Bank of America + Deutsche Bank + HSBCNebius raised its first secured debt, backed by deployed GPU infrastructure and contracted cash flows from an agreement with an investment-grade customer. MUFG was structuring agent and sole bookrunner; Citi, Credit Agricole CIB, ING and Morgan Stanley were senior lead arrangers, with Goldman Sachs also participating | debt facility | $775M | Announced 17 July 2026 | n.a. |  |
| Nebius Group + Nvidia + AccelStrategic equity financing to accelerate roll-out of full-stack AI infrastructure. | equity raise | $700M | December 2, 2024 | n.a. |  |

The record

## Sourced facts on Nebius Group

- Q1 2026 group revenue reached $399.0 million (from $50.9 million a year earlier), with AI-cloud revenue of $389.7 million and group adjusted EBITDA of $129.5 million.
- Nebius plans to deploy more than 100,000 GB300 units for the Microsoft agreement, and described available capacity as sold out while targeting 2.5GW contracted and 800MW-1GW connected by end-2026.

Against the market

## How Nebius Group prices compare

Nebius Group's lowest price for each GPU beside the lowest price every other tracked provider lists for the same GPU, sold the same way. Typical is the middle provider, one price each.

### NVIDIA H100On demand

[All NVIDIA H100 prices →](https://savrn.com/ai-index/pricing/gpus/h100)

Nebius Group$4.50per GPU-hour, on-demand

Rank14 of 2113% above typical

Typical$3.99middle of 21 providers

Lowest anywhere$1.99Voltage Park

Voltage Park1. H100 (single GPU, no contract) $1.99

GMI Cloud2. NVIDIA H100 $2.00

Vultr3. NVIDIA HGX H100 — Cloud GPU $2.30

Denvr Dataworks4. NVIDIA H100 SXM (8 GPUs, 208 vCPU) $2.45

Cirrascale5. 8X NVIDIA H100 (16-Node+ Clustered) $2.49

Massed Compute6. H100 (80 GB) ×1/×2/×4 $2.73

Runpod7. H100 PCIe / H100 NVL — Pods $2.89

Hyperbolic8. H100 SXM $3.19

Lambda9. NVIDIA H100 PCIe $3.29

Crusoe Cloud10. NVIDIA H100 $3.90

Nebius14. NVIDIA HGX H100 $4.50

Nebius GroupTypical $3.9910 more providers on the [NVIDIA H100 page](https://savrn.com/ai-index/pricing/gpus/h100)

### NVIDIA H100Spot

[All NVIDIA H100 prices →](https://savrn.com/ai-index/pricing/gpus/h100)

Nebius Group$2.15per GPU-hour, spot

Rank2 of 57% below typical

Typical$2.30middle of 5 providers

Lowest anywhere$2.04Microsoft Azure

Microsoft Azure1. Standard_ND96is_H100_v5 (no InfiniBand variants incl. _noIB_, _flex_) $2.04

Nebius2. NVIDIA HGX H100 $2.15

Verda3. 1x H100 SXM5 80GB $2.30

CoreWeave4. NVIDIA HGX H100 $2.46

Google Cloud5. a3-megagpu-8g (A3 Mega) $5.70

Nebius GroupTypical $2.30

### NVIDIA H200On demand

[All NVIDIA H200 prices →](https://savrn.com/ai-index/pricing/gpus/h200)

Nebius Group$5.40per GPU-hour, on-demand

Rank8 of 165% below typical

Typical$5.70middle of 16 providers

Lowest anywhere$2.60GMI Cloud

GMI Cloud1. NVIDIA H200 $2.60

Massed Compute2. H200 NVL (141 GB) ×8 $3.62

Hyperbolic3. H200 $3.99

Crusoe Cloud4. NVIDIA H200 $4.29

Runpod5. Clusters — H200 SXM $4.31

DigitalOcean6. NVIDIA HGX H200 (141 GB) $4.47

Cirrascale7. 8X H200 $4.54

Nebius8. NVIDIA HGX H200 $5.40

Together AI9. H200 (140 GB), 256–1,000 GPUs $5.99

Verda10. 1x H200 SXM5 141GB $6.01

Nebius GroupTypical $5.706 more providers on the [NVIDIA H200 page](https://savrn.com/ai-index/pricing/gpus/h200)

### NVIDIA H200Spot

[All NVIDIA H200 prices →](https://savrn.com/ai-index/pricing/gpus/h200)

Nebius Group$2.45per GPU-hour, spot

Rank1 of 413% below typical

Typical$2.81middle of 4 providers

Lowest anywhere$2.45Nebius

Nebius1. NVIDIA HGX H200 $2.45

CoreWeave2. NVIDIA HGX H200 $2.62

Verda3. 1x H200 SXM5 141GB $3.00

Google Cloud4. a3-ultragpu-8g (A3 Ultra) $6.36

Nebius GroupTypical $2.81

### NVIDIA B200On demand

[All NVIDIA B200 prices →](https://savrn.com/ai-index/pricing/gpus/b200)

Nebius Group$8.50per GPU-hour, on-demand

Rank10 of 165% above typical

Typical$8.12middle of 16 providers

Lowest anywhere$3.50Vultr

Vultr1. NVIDIA HGX B200 — Cloud GPU $3.50

GMI Cloud2. NVIDIA B200 $4.00

Massed Compute3. B200 SXM6 ×8 $5.43

Hyperbolic4. B200 $5.99

Cirrascale5. 8X B200 $5.99

Lambda6. NVIDIA B200 SXM6 $6.69

Runpod7. B200 (180 GB, 28 vCPU) — Pods $7.99

Google Cloud8. a4-highgpu-8g (A4) $8.06

Together AI9. HGX B200 (180 GB) $8.19

Nebius10. NVIDIA HGX B200 $8.50

Nebius GroupTypical $8.126 more providers on the [NVIDIA B200 page](https://savrn.com/ai-index/pricing/gpus/b200)

### NVIDIA B200Spot

[All NVIDIA B200 prices →](https://savrn.com/ai-index/pricing/gpus/b200)

Nebius Group$3.95per GPU-hour, spot

Rank1 of 47% below typical

Typical$4.26middle of 4 providers

Lowest anywhere$3.95Nebius

Nebius1. NVIDIA HGX B200 $3.95

Verda2. 1x B200 SXM6 180GB $4.26

CoreWeave3. NVIDIA HGX B200 $4.26

Google Cloud4. a4-highgpu-8g (A4) $4.95

Nebius GroupTypical $4.26

### NVIDIA B300On demand

[All NVIDIA B300 prices →](https://savrn.com/ai-index/pricing/gpus/b300)

Nebius Group$7.85per GPU-hour, on-demand

Rank3 of 1017% below typical

Typical$9.49middle of 10 providers

Lowest anywhere$6.60Massed Compute

Massed Compute1. B300 SXM6 ×8 (280 vCPU, 2800 GB) $6.60

TheAI Cloud2. B300 (8× B300 SXM6 · 288GB … whole node) $6.90

Nebius3. NVIDIA HGX B300 $7.85

Crusoe Cloud4. B300 $8.96

Runpod5. B300 (288 GB HBM3e, 32 vCPU) — Pods $8.99

Together AI6. HGX B300 (270 GB) $9.99

Verda7. 1x B300 SXM6 268GB $10.91

AWS8. p6-b300.48xlarge $14.04

Fireworks AI9. B300 288 GB $15.00

Oracle OCI10. BM.GPU.B300.8 $15.00

Nebius GroupTypical $9.49

### NVIDIA B300Spot

[All NVIDIA B300 prices →](https://savrn.com/ai-index/pricing/gpus/b300)

Nebius Group$4.30per GPU-hour, spot

Rank1 of 34% below typical

Typical$4.48middle of 3 providers

Lowest anywhere$4.30Nebius

Nebius1. NVIDIA HGX B300 $4.30

CoreWeave2. NVIDIA HGX B300 $4.48

Verda3. 1x B300 SXM6 268GB $5.46

Nebius GroupTypical $4.48

Tracked prices

## Nebius Group prices

Every price the Index tracks for Nebius Group, in the provider's own words beside a normalized figure, with the date it was last checked. [What AI Costs](https://savrn.com/ai-index/pricing) compares them across the market.

| GPU | Offer | Terms | Published price | Per GPU-hour | Change | Checked | Source |
| --- | --- | --- | --- | --- | --- | --- | --- |
| [NVIDIA H100](https://savrn.com/ai-index/pricing/gpus/h100) | NVIDIA HGX H100 | on-demandList | $4.50 per GPU-hour, on-demand | $4.50 | +16.9% | On pageOct 27, 2026 | [nebius.com ↗](https://nebius.com/prices) |
| [NVIDIA H100](https://savrn.com/ai-index/pricing/gpus/h100) | NVIDIA HGX H100 | spotSpot | $2.15 per GPU-hour, preemptible | $2.15 | No change | Not foundOct 27, 2026 | [nebius.com ↗](https://nebius.com/prices) |
| [NVIDIA H200](https://savrn.com/ai-index/pricing/gpus/h200) | NVIDIA HGX H200 | on-demandList | $5.40 per GPU-hour, on-demand | $5.40 | +20% | On pageOct 27, 2026 | [nebius.com ↗](https://nebius.com/prices) |
| [NVIDIA H200](https://savrn.com/ai-index/pricing/gpus/h200) | NVIDIA HGX H200 | spotSpot | $2.45 per GPU-hour, preemptible | $2.45 | No change | Not foundOct 27, 2026 | [nebius.com ↗](https://nebius.com/prices) |
| [NVIDIA B200](https://savrn.com/ai-index/pricing/gpus/b200) | NVIDIA HGX B200 | on-demandList | $8.50 per GPU-hour, on-demand | $8.50 | +18.9% | On pageOct 27, 2026 | [nebius.com ↗](https://nebius.com/prices) |
| [NVIDIA B200](https://savrn.com/ai-index/pricing/gpus/b200) | NVIDIA HGX B200 | spotSpot | $3.95 per GPU-hour, preemptible | $3.95 | No change | Not foundOct 27, 2026 | [nebius.com ↗](https://nebius.com/prices) |
| [NVIDIA GB200 NVL72](https://savrn.com/ai-index/pricing/gpus/gb200) | NVIDIA GB200 NVL72 | not publishedNot published | On-demand, GPU-hour" header, no value | Not published | No change | On pageOct 27, 2026 | [nebius.com ↗](https://nebius.com/prices) |
| [NVIDIA B300](https://savrn.com/ai-index/pricing/gpus/b300) | NVIDIA HGX B300 | on-demandList | $7.85 per GPU-hour, on-demand | $7.85 | No change | RecheckingOct 27, 2026 | [nebius.com ↗](https://nebius.com/prices) |
| [NVIDIA B300](https://savrn.com/ai-index/pricing/gpus/b300) | NVIDIA HGX B300 | spotSpot | $4.30 per GPU-hour, preemptible | $4.30 | No change | Not foundOct 27, 2026 | [nebius.com ↗](https://nebius.com/prices) |
| [NVIDIA GB300 NVL72](https://savrn.com/ai-index/pricing/gpus/gb300) | NVIDIA GB300 NVL72 | not publishedNot published | same | Not published | No change | On pageOct 27, 2026 | [nebius.com ↗](https://nebius.com/prices) |

| Seller | Model | Input | Cached input | Output | [Revenue per GPU-hour at list](https://savrn.com/ai-index/pricing/gpus/vera-rubin#token-value) | Other published prices | Change | Checked |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Nebius Token Factory | DeepSeek V4-Pro-0813 | $1.32 | n.a. | $3.96 | n.a. | None published | No change | ResearchOct 27, 2026[tokenfactory.nebius.com ↗](https://tokenfactory.nebius.com/endpoints) |
| Nebius Token Factory | gpt-oss-120b | $0.15 | n.a. | $0.60 | n.a. | None published | No change | ResearchOct 27, 2026[tokenfactory.nebius.com ↗](https://tokenfactory.nebius.com/endpoints) |
| Nebius Token Factory | Llama-3.3-70B | $0.13 | n.a. | $0.40 | n.a. | None published | No change | ResearchOct 27, 2026[tokenfactory.nebius.com ↗](https://tokenfactory.nebius.com/endpoints) |

Revenue per GPU-hour is SAVRN's calculation, not a price any seller charges: the 6.83 million input and 0.85 million output tokens one Vera Rubin GPU handles in an hour in CoreWeave's measured test, billed at this model's list prices. It puts a token price beside a GPU rental price; it says nothing about how fast this model actually runs.

Sources

## Sources for Nebius Group

Every source cited on this page, once each.

- nebius.com[Nebius](https://nebius.com/schuylkillcountypa)
- yahoo.com[Republican Herald via Yahoo News](https://www.yahoo.com/news/us/articles/nebius-gets-green-light-expand-224600740.html)
- nebius.com[Nebius](https://nebius.com/newsroom/nebius-accelerates-us-expansion-adding-up-to-300-mw-capacity-at-new-data-center-in-new-jersey)
- reuters.com[Reuters](https://www.reuters.com/business/nebius-signs-174-billion-ai-infrastructure-deal-with-microsoft-shares-jump-2025-09-08/)
- yahoo.com[NJ.com via Yahoo News](https://www.yahoo.com/news/us/articles/sold-us-n-j-town-161909913.html)
- nbcphiladelphia.com[NBC10 Philadelphia](https://www.nbcphiladelphia.com/news/local/vineland-planning-board-votes-to-approve-phase-2-of-controversial-data-center/4449653/)
- finance.yahoo.com[Yahoo Finance](https://finance.yahoo.com/technology/ai/articles/vineland-jersey-city-council-approves-143044567.html)
- 247wallst.com[24/7 Wall St.](https://247wallst.com/investing/2026/08/12/bloom-energy-jumps-13-as-nebius-picks-its-fuel-cells-for-ai-data-center-fuelcell-climbs-11/)
- techtimes.com[Tech Times](https://www.techtimes.com/articles/324720/20260817/fuel-cells-beat-gas-turbines-permits-bloom-energy-stock-jumps-nebius-deal.htm)
- nebius.com[Nebius](https://nebius.com/newsroom/nebius-breaks-ground-on-gigawatt-scale-ai-factory-in-independence-missouri)
- assets.nebius.com[Q1 2026 shareholder letter](https://assets.nebius.com/assets/aa1bc2e6-df83-40cd-a6a2-95e7cda3d16c/Nebius%20SHL_Q1%202026.pdf)
- datacenterdynamics.com[DCD](https://www.datacenterdynamics.com/en/news/nebius-signs-3bn-deal-with-meta-says-current-available-capacity-is-sold-out-as-it-targets-25gw-by-end-of-2026/)
- nebius.com[Nebius](https://nebius.com/newsroom/nebius-group-announces-pricing-of-upsized-private-offering-of-5-0-billion-of-convertible-senior-notes)
- sec.gov[SEC EDGAR (Nebius 6-K)](https://www.sec.gov/Archives/edgar/data/1513845/000110465926100347/tm2623863d1_ex99-1.htm)
- nebius.com[Nebius](https://nebius.com/newsroom/nebius-group-announces-closing-of-private-offering-of-convertible-senior-notes-with-aggregate-gross-proceeds-of-approximately-4-3-billion)
- datacenterdynamics.com[DCD](https://www.datacenterdynamics.com/en/news/nebius-raises-375bn-in-convertible-notes-and-stock-offering/)
- sec.gov[sec.gov](https://www.sec.gov/Archives/edgar/data/0001513845/000110465926117978/tm2628078d1_ex99-1.htm)
- cryptopolitan.com[Cryptopolitan, 22 October 2026](https://www.cryptopolitan.com/nebius-3-5-billion-citi-loan-ai-data-center/)
- nebius.com[Nebius](https://nebius.com/newsroom/nvidia-and-nebius-partner-to-scale-full-stack-ai-cloud)
- finance.yahoo.com[Reuters via Yahoo Finance](https://finance.yahoo.com/technology/ai/articles/idf-oaktree-invest-1-7-130135797.html)
- finance.yahoo.com[AIB Data Centers release (GlobeNewswire via Yahoo Finance)](https://finance.yahoo.com/technology/ai/articles/aib-data-centers-signs-contract-121700973.html)
- sec.gov[AIB Data Centers Form 10-Q for quarter ended 30 June 2026 (SEC)](https://www.sec.gov/Archives/edgar/data/2070542/000121390026089151/ea0301093-10q_aibdata.htm)
- sec.gov[AIB Data Centers Form 8-K Exhibit 99.1, investor presentation Q3 2026 (SEC)](https://www.sec.gov/Archives/edgar/data/2070542/000121390026105249/ea030723301ex99-1.htm)
- thestar.com.my[The Star (Reuters)](https://www.thestar.com.my/tech/tech-news/2026/07/14/ai-startup-reflection-signs-over-1-billion-computing-deal-with-nebius)
- datacenterdynamics.com[DCD](https://www.datacenterdynamics.com/en/news/nvidia-backs-860m-lease-obligations-of-partner-data-center/)
- nebius.com[Nebius](https://nebius.com/newsroom/nebius-raises-775-million-in-first-secured-debt-financing-to-accelerate-global-buildout)
- nebius.com[Nebius](https://nebius.com/newsroom/nebius-announces-oversubscribed-strategic-equity-financing-of-usd-700-million-to-accelerate-roll-out-of-full-stack-ai-infrastructure)
- nebius.com[nebius.com](https://nebius.com/prices)
- tokenfactory.nebius.com[tokenfactory.nebius.com](https://tokenfactory.nebius.com/endpoints)

NeoCloud

## More in the Index

[Applied Digital](https://savrn.com/ai-index/companies/applied-digital)[Bitdeer Technologies Group](https://savrn.com/ai-index/companies/bitdeer)[Cerebras Systems](https://savrn.com/ai-index/companies/cerebras)[Cipher Digital Inc.](https://savrn.com/ai-index/companies/cipher-digital)[Core Scientific](https://savrn.com/ai-index/companies/core-scientific)[CoreWeave](https://savrn.com/ai-index/companies/coreweave)[Corvex, Inc.](https://savrn.com/ai-index/companies/corvex)[Crusoe Energy](https://savrn.com/ai-index/companies/crusoe-energy)[Fluidstack](https://savrn.com/ai-index/companies/fluidstack)[Galaxy Digital Inc.](https://savrn.com/ai-index/companies/galaxy-digital)[Groq](https://savrn.com/ai-index/companies/groq)[Hut 8 Corp.](https://savrn.com/ai-index/companies/hut8)[IREN](https://savrn.com/ai-index/companies/iren)[Lambda (Lambda Labs)](https://savrn.com/ai-index/companies/lambda)[Nscale](https://savrn.com/ai-index/companies/nscale)[Poolside](https://savrn.com/ai-index/companies/poolside)[SambaNova Systems](https://savrn.com/ai-index/companies/sambanova)[Sesterce](https://savrn.com/ai-index/companies/sesterce)[TeraWulf](https://savrn.com/ai-index/companies/terawulf)[Together AI](https://savrn.com/ai-index/companies/together-ai)[Voltage Park](https://savrn.com/ai-index/companies/voltage-park)[Vultr](https://savrn.com/ai-index/companies/vultr)

Capital figures come from the [Capital Atlas](https://savrn.com/data-center-capital-atlas), refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so each figure appears as its source states it and none are added into a single deployment number. Informational, not investment advice.

Sources

The SAVRN reference set

## Seven references, one system

Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it.

Capital Atlas

Who is funding AI data centers: capital providers, named sites, financing transactions, and the blocked-and-delayed record, state by state and company by company.

[Open the atlas →](https://savrn.com/data-center-capital-atlas)

Delay Watchlist

Project-level slippage: named projects, jurisdictional actions, utility and federal dockets, SEC disclosures, and the interconnection queue.

Open the watchlist →

Moratorium Tracker

The policy layer: every state measure and local moratorium mapped and cited, with one page per state.

Open the tracker →

Water Tracker

Every federal, state, local and interstate water measure that touches a data center, plus a fifty-state water ledger.

Open the water tracker →

Grid Operator Watchlist

ERCOT, PJM, MISO, CAISO, SPP, NYISO, ISO-NE and FERC: the large-load rules, filings and queue positions that decide whether a site can energize.

Open the watchlist →

Permits and Power Development

Data center and substation permits, large loads in the interconnection queues, and the power plants planned to serve them, refreshed hourly from public records.

Open the permits tracker →

SAVRN Scarcity Tracker

Eleven primary-sourced indicators of AI infrastructure scarcity, one composite index, read against the token index, SAVRN's own cost basis and the frontier ceiling.

Open the scarcity tracker →

Have a specific address? Site Intelligence reads all seven references against one location, county, utility and grid operator included, and cites every finding.

[Check an address →](https://savrn.com/site-intelligence)