SoftBank is seeking to secure an additional $10 billion loan for equity investment in OpenAI.
55 minutes ago
Beating AI News Flash: SoftBank Group is seeking a $10 billion loan to refinance debt tied to its investment in OpenAI. The loan is part of a series of recent debt financing activities related to SoftBank’s OpenAI investment, which also includes a potential $200 billion bond issuance. Proceeds from the loan may be partially used to repay the $400 billion bridge loan obtained earlier this year for the OpenAI investment.
Anthropic Integrates AI Into Real-World Machines, Cuts Hardware Integration Time From Weeks To Just 8 Hours
3 minutes ago
California's "Meme Coin Bill" AB2409 passes both chambers of the state legislature, pending the governor's signature.
3 minutes ago
Hong Kong's Hang Seng Index closed up 0.07%, with the precious metals sector rising throughout the day.
3 minutes ago
People's Bank of China Integrates AI Into Legal Tender: First Set of Artificial Intelligence-Themed Gold and Silver Coins to Be Issued in September.
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Binance launches 5 US stock-related perpetual contracts, covering TEM, MRK, IONQ, MARA, and PDD.
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Tencent's Hunyuan Hy4 overhauls its underlying layer, integrating DeepSeek's sparse attention and Zhipu's IndexCache.
3 minutes ago
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