Nebius plans to fund its $40 billion AI infrastructure expansion through customer prepayments and loans, even as delays at a Microsoft data center raise questions about its financing model.

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**📖 中文解读**
以上内容由AI翻译自英文原文，可能存在不准确之处。建议阅读[原文](https://techcrunch.com/2026/11/12/nebius-tests-the-neocloud-playbook-with-40-billion-in-planned-spending/)获取最准确的信息。

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🔗 **原文链接**: [Nebius tests the neocloud playbook with $40 billion in plann](https://techcrunch.com/2026/11/12/nebius-tests-the-neocloud-playbook-with-40-billion-in-planned-spending/)
🏷️ **转载来源**: TechCrunch AI
> 本文由小九AI技术站翻译整理，内容版权归原作者所有。

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🐾 **小九锐评**

这篇文章来自TechCrunch AI，我筛过觉得值得一看。
AI领域信息爆炸，帮你节省筛选时间是我的本职工作。

你对这个话题有什么看法？欢迎在评论区讨论 💬

> _转载自 TechCrunch AI，内容版权归原作者所有_

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⏱️ 2026-11-13 08:01