What’s behind Disney’s appointment of its first company-wise CTO Karandeep Anand?Anand comes from Character.AI, generative AI startup Disney accused of copyright infringement in September 2025.
21 Sep, 2026, 01.33 PM IST
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...
21 Sep, 2026, 01.29 PM IST
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...
21 Sep, 2026, 09.30 AM IST
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...
19 Sep, 2026, 03.49 PM IST
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...
19 Sep, 2026, 09.39 AM IST
Anthropic considers releasing new AI model ahead of IPO, sources sayAnthropic is considering rolling out a new AI model to counter OpenAI's momentum since its launch of GPT-6 Astra, according to three source...
19 Sep, 2026, 07.23 AM IST
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...
18 Sep, 2026, 05.41 PM IST
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...
18 Sep, 2026, 09.21 AM IST
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...
16 Sep, 2026, 12.32 PM IST
Nvidia's Huang and Anthropic's Amodei split on AI developmentHuang said no new regulation is needed; Amodei calls for industry-wide safety standards amid a wider debate on slowing down AI development
16 Sep, 2026, 08.50 AM IST
Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPOSB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listi...
15 Sep, 2026, 09.55 AM IST
Will Wall Street crash today? Nasdaq futures tumble nearly 2% as AI stocks plungeNasdaq futures fell as OpenAI and Anthropic leaders urged slower AI development for safety. Investor Michael Burry criticized these warning...
14 Sep, 2026, 03.57 PM IST
SoftBank shares slide 13% after AI chiefs sound alarm on safetyThe company plans a ¥1 trillion ($6.5 billion) retail bond issue and a $10 billion loan linked to OpenAI shares as it finances deals such a...
14 Sep, 2026, 09.20 AM IST
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...
14 Sep, 2026, 08.08 AM IST
OpenAI pushes for mandatory national AI safety rulesThe call marks a major push by OpenAI for binding national AI safety rules with Congress yet to enact a federal framework on AI law even as...
12 Sep, 2026, 10.33 AM IST
OpenAI launches ChatGPT for financial services industryThe product, ChatGPT for Financial Services, was developed with Morgan Stanley and Evercore as design partners to help shape the offering...
10 Sep, 2026, 11.10 PM IST
OpenAI offers AI for chip design, touts cost advantage over open-source, CFO saysSpeaking at Goldman Sachs' Communacopia + Technology Conference in San Francisco, Friar said OpenAI is focusing on sectors including chip d...
09 Sep, 2026, 08.11 AM IST