:

NSCALE TO INVEST €695M IN MICROSOFT DATA CENTER EXPANSION

INDUSTRY DESK1 MIN READ
TUE, MAY 5, 2026

■ AI-SUMMARIZED FROM 5 SOURCES ▸ TIMELINE

Nscale Global Holdings will spend €695 million ($812 million) to expand its Microsoft data center infrastructure in Portugal, deepening the partnership between the two companies.

The investment marks a significant expansion of Nscale's data center operations in the country. The funds will be directed toward building out infrastructure to support Microsoft's cloud services and AI workloads across Europe. The deal reflects broader trends in the tech industry, where major cloud providers are rapidly expanding data center capacity to meet growing demand for artificial intelligence and cloud computing services. Portugal has emerged as an attractive location for such investments due to its energy resources, geographic position, and regulatory environment. Nscale Global Holdings specializes in data center development and infrastructure management. The company has positioned itself as a key partner for hyperscalers looking to expand their European footprint. This expansion demonstrates continued confidence in Portugal as a strategic hub for data center operations. The project is expected to create jobs during construction and operation phases, adding to Portugal's growing technology sector presence.

■ MORE FROM THE BIG TECH DESK

Apple is laying off more than 200 employees across its Siri and Vision Pro teams as the company reallocates resources toward artificial intelligence and new device development. The cuts include approximately 100 positions from the Vision Pro unit and 100 from the Siri team.

2H AGOAI Desk

Walmart has reversed its long-standing stance against digital wallets, announcing support for Apple Pay and Google Pay at its stores. The retail giant's decision marks a significant shift in its payment strategy.

6H AGOIndustry Desk

Meta is defending itself in court over child safety allegations in a case that could force substantial changes to Facebook and Instagram's core features. The lawsuit represents a significant legal challenge to the company's platform operations.

6H AGOIndustry Desk

Waymo has developed its own processor for its autonomous vehicle fleet, decreasing reliance on Nvidia's hardware. The move signals a shift toward vertical integration in the robotaxi industry.

9H AGOIndustry Desk

■ SUBSCRIBE TO THE DAILY BRIEF

ONE EMAIL, 5 STORIES, 06:00 UTC. UNSUBSCRIBE ANYTIME.