SoftBank is raising $11.15 billion through bond sales to fund its investment in OpenAI. The deal includes $10 billion in dollar-denominated notes and €1 billion in euro-denominated notes, with the payment expected to close on October 1.
AMD reached a market valuation exceeding $1 trillion for the first time, with shares hitting an intraday record of $613.92. This milestone follows the company's shift toward integrated AI systems, putting it in direct competition with Nvidia.
Nscale, a British AI-cloud operator, is planning a New York IPO under the ticker NSCL. Disclosures show a total contract value of $103 billion, with Microsoft and Anthropic accounting for 85%. The company is targeting a valuation near $30 billion.
The European Commission introduced an A-to-G energy efficiency rating system for data centers over 500 kilowatts, effective August 2027. Meanwhile, Ireland’s Data Protection Commission fined Google €403 million for violations related to user location data processing.
Microsoft opened its fourth cloud region in Hyderabad, India, as part of a $20.5 billion investment commitment. The company aims to expand its infrastructure in the country, where total data-center capacity is projected to reach 12 to 14 GW by 2035.
