SoftBank sells a record $11.1 billion of junk bonds to fund its OpenAI bet
The largest high-yield corporate bond sale on record will pay for SoftBank's next $10 billion OpenAI tranche, lifting its expected stake to about 13%.
Deals, chips and markets
Shetu Business Desk
The Business Desk follows the money in technology: funding rounds, chip deals, platform strategy and India's growing role in the semiconductor supply chain.
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Amazon opens Seller Central to outside AI agents, starting with Claude
A new plugin lets US sellers manage listings, prices, inventory and analytics from Anthropic's Claude or Amazon Quick, with approval required before any action.
SEMICON India 2026: five chip packaging plants now in production, and $13.5 billion for phase two
Prime Minister Modi opened the event in New Delhi as India's chip push shifts from announcements to factories. The first commercial fab in Dholera is still under construction.
Qualcomm lands Amazon as a data centre chip customer, and investor
A multi-generation deal covers custom AI inference silicon for AWS. Amazon gets warrants for $4 billion of Qualcomm stock, tied to up to $60 billion in business.
Nvidia agrees to buy Hugging Face for about $12.9 billion
The chip giant is acquiring the home of open-source AI models and datasets. The deal, its second-largest ever, is expected to close in the first half of 2027.