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OPENAI FUNDING
Global Market: SoftBank launches $10 billion bonds to fund OpenAI investmentSoftBank Group is raising $11 billion through dollar- and euro-denominated bonds to fund its $10 billion investment in OpenAI, replacing br...- US Fed, BoE step up scrutiny of bank exposure to trading firms after Jane Street loss: ReportGlobal banks face inquiries from central banks regarding trading firm exposures. The Bank of England and Federal Reserve seek details on ri...
- Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet showsThe dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4...
- Course correction? How the last 10 days changed the way we see AIIn a series of cascading events over a 10-day stretch, OpenAI and Anthropic, the largest AI labs, found themselves reeling as their own cre...
- OpenAI forecasts cash burn near $280 billion by 2030: ReportThe projection highlights OpenAI's funding needs as it seeks fresh investment, with the FT reporting earlier this week that the ChatGPT mak...
- SoftBank adds $21 billion to AI firepower in new debt dealsThe Japanese conglomerate increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, people...
- AI doomsday warnings unlikely to slow IPOs but questions lingerAnthropic is expected to beat rival OpenAI to the public markets with a blockbuster IPO later this year despite recent doomsday warnings, b...
- Infosys, TCS, other IT stocks in focus after first Fed rate hike in 3 years. Will inflationary pressures offset anti-AI euphoria?Indian IT stocks such as Infosys and TCS are likely to remain in focus after the US Federal Reserve raised interest rates by 25 basis point...
- UPI MDR explained; AI leaders split on slowing downUPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETtech Top 5.
- SoftBank CDS hovers near 3-year high on OpenAI funding concernsSoftBank has committed to invest $64.6 billion in OpenAI. The ChatGPT creator is holding early talks with investors about a fresh funding r...
- OpenAI mulls funding round at $1.2 trillion valuation ahead of IPOOpenAI has recently held discussions with large investors about a fresh capital raise that would increase the ChatGPT maker's valuation to ...
- Doomers and boosters: who's who in the AI warsThe furious debate over artificial intelligence has hardened into warring camps -- and a cautious middle. Today, most of the doomers warnin...
- Temporal's valuation spikes to $12.6 billion in Lightspeed-led funding roundTemporal makes open-source software that helps applications, including AI agents, recover from failure, reducing the need for engineers t...
- Global AI stocks fall as industry chiefs call for slowing developmentAnthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow the rate at which they advance model...
- SoftBank gets upsized $11.9 billion loan in OpenAI funding pushThe latest borrowing would add to SoftBank’s wave of recent debt financing activities tied to its bet on OpenAI. That includes a $10 billio...
- Anthropic CEO seeks AI slowdown, tighter safety checks and global cooperationAnthropic CEO Dario Amodei called for a slowdown in AI model development. He proposed a three-step plan involving independent evaluators an...
- US lawmakers call for new AI rules after Anthropic researchers' safety warningsThe reaction was broader than after previous statements from OpenAI and Anthropic staffers about safety concerns, drawing input from lawmak...
- Flipkart's new Minutes app; Anthropic employee sounds alarmFlipkart has launched a standalone app for its quick commerce unit Minutes. This and more in today’s ETtech Top 5.
- Nvidia-backed Firmus signs deal with OpenAI for Malaysia data centre capacityAustralia's Firmus said on Tuesday it had signed a multi-year deal with OpenAI to supply computing capacity from two Malaysian data centres...
- Oracle earnings: AI growth, OpenAI deal and $20 billion funding planOracle's upcoming earnings will put its AI cloud growth, massive $638 billion backlog and funding requirements under the spotlight. Investo...
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