Independence City Council Approves Nebius' 1.2GW AI Campus in Missouri

Key Facts

1Independence City Council in Missouri approved an industrial development incentive plan for Nebius' AI campus.

2The project, named 'Project Independence,' will have a substantial 1.2-gigawatt capacity.

3This will be the company's largest AI factory in the U.S. to date.

The Independence City Council in Missouri has officially sanctioned a Chapter 100 industrial development incentive plan for Nebius' massive AI campus. Known as "Project Independence," the facility is designed to have a substantial capacity of 1.2 gigawatts. This project marks the company's largest AI factory in the United States to date, signaling a major strategic expansion into the North American market. The approved incentives are intended to support the construction and long-term development of this large-scale infrastructure project through tax benefits. Analysts view this approval as a bullish signal for Nebius (NBIS), as it significantly scales the company's physical AI capacity and computing power. The move underscores the growing demand for high-capacity data centers to support the global AI revolution.