White House SoftBank Group

AI, SoftBank

SoftBank Considers Borrowing $16 Billion to Fund AI

SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.

capitalbrief · 13h

Softbank pursues US$16b to fund AI: The Information

SoftBank Group plans to borrow US$16 billion ($25.8 billion) to invest in artificial intelligence, the company's executives told banks last week, according to sources cited by The Information.

Business Insider · 11h

SoftBank Group plans to borrow $16B to invest in AI, Reuters says

Softbank CEO Masayoshi Son plans to borrow $16B to invest in AI, Reuters reports. Additionally, the company might borrow another $8B in early

AOL · 1d

SoftBank in talks to borrow $16 billion to fund AI, The Information reports

Reuters reported in January that SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, as the Japanese conglomerate continues to expand into the sector. SoftBank's investment would be on top of the $15 billion it has already committed to Stargate,

Hosted on MSN8h

SoftBank Bets Big on AI With $16B Loan, But Can It Sustain the Risk?

SoftBank Group ($SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech ...

devdiscourse1d

SoftBank's Ambitious AI Investment Plans Unveiled

SoftBank Group CEO Masayoshi Son is planning significant financial maneuvers with $16 billion borrowed for AI investments. The group may borrow an additional $8 billion by 2026. This move includes ...

news.crunchbase10d

Eye On AI: As SoftBank Piles Up Losses, It Doubles Down On AI

Last week as Elon Musk seemed to place his OpenAI offer on and off the table daily, something else OpenAI-related caught our ...

RCR Wireless News6d

OpenAI to move AI compute from Microsoft to SoftBank by 2030

OpenAI is reportedly planning to shift its compute needs away from Microsoft and instead rely on capacity provided by its Stargate partner SoftBank.

5don MSN

Current and Former Scale AI Contractors Allege Wage Theft in Letter to U.S. Senators

Scale’s former managing director will appear this week at a Senate confirmation hearing for the White House’s top science ...

Reuters12d

SoftBank Group Corp

Japan's SoftBank Group booked a surprise $2.4 billion ... bid for U.S. Steel during Prime Minister Shigeru Ishiba's first White House visit. India's top electric two-wheeler maker Ola Electric ...

Mark Cuban offers to fund government tech unit that was cut in the middle of the night

Billionaire investor Mark Cuban waded into the latest government tech shake-up on Saturday, offering support on the social ...

12hon MSN

‘It Feels Like It’s Chaotic on Purpose’

Elon Musk’s Department of Government Efficiency laid off a team whose purpose was to make the government more efficient.

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