[Nebius's third-quarter customer prepayments covered more than 100% of related capital expenditures, and its 2027 capital expenditure plan reached US$40 billion to $45 billion] On November 12, Nebius Group stated that among the contracts signed in the third quarter, customer prepayments covered more than 100% of relevant capital expenditures, higher than the 50% to 60% in the second quarter; more than 90% of the contract amounts in the third quarter included prepayments. The company expects capital expenditures in 2027 to be US$40 billion to US$45 billion, and plans to add more than 1GW of computing capacity, of which 75% to 85% of capital expenditures are expected to be covered by customer prepayments and investment-grade customer asset-backed financing. The company has currently contracted more than 4GW of power capacity and aims to reach 5GW by the end of 2026.