Meta Platforms
Meta Platforms Signs $27 Billion AI Agreement with Nebius Amidst Rumors of Further Layoffs
In a move that has sent shockwaves through both the technology sector and the labor market, Meta Platforms (NASDAQ: META) has officially entered into a gargantuan $27 billion agreement with the AI infrastructure specialist Nebius Group (NASDAQ: NBIS). Announced on March 16, 2026, the deal represents one of the largest