SoftBank seeks another $10-B loan for OpenAI bet
SoftBank is seeking another $10 billion loan to help finance its massive OpenAI investment, adding to a growing wave of borrowing as founder Masayoshi Son…
· 1 MIN READ
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AI seen relegating humans to goldfish level
SoftBank CEO Masayoshi Son predicts a future where advanced AI surpasses humans, likening humans to fish and suggesting AI could even win the Nobel Prize in…
· 2 MIN READ
S&P 500 dips amid tech sell-off; Intel rallies on SoftBank funding
The S&P 500 slipped as AI-heavy tech stocks declined, but Intel rose sharply after SoftBank announced a $2B investment. Retailers like Home Depot held firm…
· 1 MIN READ
SoftBank boosts stake in OpenAI by $1.5 billion
SoftBank increases its stake in OpenAI by $1.5 billion, allowing employees to sell shares in a tender offer. The deal, driven by CEO Masayoshi Son, boosts…
· 1 MIN READ