Nebius vs Neon

Palantir and Nebius partner to deliver a complete sovereign AI stack to Palantir customers

Nebius announces a strategic partnership with Palantir to deliver a complete sovereign AI stack, along with several major financial announcements including a $5.75 billion convertible senior notes offering and participation in upcoming investor conferences.

EU Proposes Data Center Label to Measure AI Energy, Water Use

The European Commission has proposed a mandatory sustainability rating for data centers in the EU, aiming to make energy and water consumption comparable, similar to household appliance energy labels. Based on Article 33 of the EU Energy Efficiency Directive, the rating would apply to data centers with installed IT capacity of 500 kW or above, evaluating Power Usage Effectiveness, Water Usage Effectiveness, and renewable energy share, with stricter rules for green power claims. Labels would be generated automatically, updated annually, and made publicly accessible, with the first round planned for 2027. The article highlights rising data center energy demand—IEA projects global consumption to more than double to around 945 TWh by 2030—and discusses interim power solutions including gas turbines and nuclear/SMR investments. It also covers research by Silicon Austria Labs into energy-efficient AI hardware accelerators based on RISC-V and on-device AI to reduce data center load.

• European Commission proposes mandatory data center sustainability rating based on Article 33 of the EU Energy Efficiency Directive.
• Rating applies to data centers with installed IT capacity of 500 kilowatts or more; smaller centers can opt in.
• Metrics include PUE, WUE, and share of renewable energy, with stricter rules for green power certificates.

Nebius plans $4.5B convertible notes raise

Amsterdam-based AI infrastructure provider Nebius has announced plans to raise $4.5bn through convertible notes to finance AI compute capacity and data centre expansion. The offering consists of $2.75bn in notes due 2030 and $1.75bn in notes due 2034. Nebius, sometimes described as a neocloud, builds and operates GPU-packed data centres and offers compute access and AI application software to enterprise customers. The company has previously secured multi-billion-dollar AI infrastructure contracts with Meta and Microsoft and in May acquired Eigen, a US startup focused on improving open-source AI model performance, for roughly $643m in cash and stock. Proceeds will be used for data centre build-out, AI cloud investment, and GPU purchases. The capital raise underscores the scale of investment required in AI infrastructure as demand for compute capacity continues to grow.

• Nebius plans to raise $4.5bn through convertible notes.
• The notes include $2.75bn due in 2030 and $1.75bn due in 2034.
• Funds will finance data centre build-out, AI cloud investment, and GPU purchases.

Claimable Neon: Provisioned by agents, claimed by humans

Claimable Neon implements the anonymous registration method in auth.md, the open agent registration protocol authored by WorkOS, to give agents a way to provision a temporary Neon project without creating an account or collecting payment details.