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Nebius Secures Approval for Its First Gigawatt-Scale AI Factory
AMSTERDAM--(BUSINESS WIRE)--Nebius (Nasdaq: NBIS), the AI cloud company, today welcomed the Independence City Council's vote to approve the Chapter 100 industrial development incentive plan for its planned AI factory campus. The approval of the plan enables Nebius to proceed with the construction of the Independence AI factory, which has potential capacity of up to 1.2 GW. “Independence will be our largest AI factory in the United States to date, and we are fully committed to making it a projec.
