SoftBank taps bond market for $11.1 billion to fund AI betsSoftBank has raised $11.1 billion through dollar- and euro-denominated bonds to fund its artificial intelligence investments, including the...
SoftBank issues $11.1 billion in bonds in OpenAI financing pushTechnology investor SoftBank Group has issued a total of $11.1 billion in dollar- and euro-denominated bonds, a filing showed on Thursday, ...
SoftBank taking orders for $10 billion in bonds to fund OpenAI investment, term sheet showsSoftBank Group Corp is taking investor orders for a $10 billion dollar bond deal to help fund its OpenAI investments, according to a term s...
Spinny books IPO ride; UPI subsidies may endSpinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5.
Snapdeal parent AceVector to launch IPO on September 25, seeks Rs 1,741-crore valuationAceVector is raising Rs 287 crore in fresh capital through the IPO, while investors, including SoftBank, Nexus Venture Partners and Foxconn...
SoftBank-backed AceVector's Rs 420-cr IPO to open on Sep 25; sets price band at Rs 30-32/shareAceVector Ltd has set its initial public offering price band at Rs 30-32 per share. The company's Rs 420-crore IPO will open for public sub...
Snapdeal parent AceVector files red herring prospectus; cuts IPO sizeThe company is expected to announce its price band on September 22. AceVector now plans to raise Rs 287 crore in fresh capital against Rs 3...
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...
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...
Trump says he will create 'AI Force' like Space Force, name AI czar; calls attack on AI latest 'Hoax'US President Donald Trump said in a Truth Social post that he is forming an "AI Force", like the Space Force of his first term, and will so...
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...
Global Market: Nikkei gains 1% as AI, chip stocks rally; BOJ hikes ratesThe Bank of Japan raised its policy rate to a 31-year high of 1.25% to contain inflation risks. Japanese technology stocks rallied as easin...
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...
Global Market: Japan’s Nikkei rises 1% as SoftBank rebounds from AI selloffJapan’s Nikkei recovered from early losses to rise around 1%, driven by a 9.13% rebound in SoftBank as investors reassessed concerns over s...
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...
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...
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...