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Asian shares trade mostly lower after AI stocks sink on Wall StreetThe decline came after OpenAI Chief Executive Sam Altman said in an interview with Fortune published Saturday that the company behind ChatG...- 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...
- AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's developmentAnthropic CEO Dario Amodei called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse o...
- Global Market: Japan stocks fall as AI concerns hit tech shares; Nikkei down 1.6%Japan’s Nikkei fell 1.6% on Monday, dragged by technology and semiconductor stocks as concerns over the pace and risks of artificial intell...
- 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...
- Aakash hires another Claypond executive to strengthen leadership as growth stallsThe proposed change in leadership follows a turbulent three years in which Aakash has seen two chief executives exit, spent seven months wi...
- Global Market: Japan stocks mixed as strong data boosts rate-hike betsJapanese shares were largely steady as investors balanced stronger domestic economic data against a firmer yen and expectations of a Bank o...
- Adobe’s next boss joins a powerful club: Meet the Indian-origin CEOs running the world’s biggest companiesAdobe’s next CEO Anil Chakravarthy is joining a powerful club. From Microsoft and Google to Chanel, FedEx and Micron, Indian-origin executi...
- Rentomojo’s valuation jump; SoftBank’s Meesho windfallRentomojo is expected to go public at a valuation nearly five times higher than its previous private market round. This and more in today's...
- Global Market: Japan stocks rebound on Wall Street boost, SoftBank rallyJapan’s Nikkei rebounded on Friday, snapping a four-session losing streak, as a rally in SoftBank Group and gains on Wall Street lifted sen...
- Global Market: Japanese shares tumble as Iran conflict lifts oil prices, bond yieldsJapanese equities tumbled on Wednesday as renewed US-Iran military strikes pushed oil prices higher and raised concerns over economic growt...
- OpenAI issued warrants worth $5.5 billion in SB Energy, WSJ reportsOpenAI was issued warrants worth an estimated $5.5 billion in power infrastructure firm SB Energy, the Wall Street Journal reported on S...
- SoftBank seeks another $10 billion loan for OpenAI stake fundingSoftBank is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI...
- Global Market: Japan’s Nikkei reverses gains as Advantest shares dragJapan’s Nikkei slipped 0.14% as Advantest and SoftBank declined, despite Nvidia’s strong AI outlook. The Topix gained 0.19% as investors ro...
- SoftBank in talks to buy stake in OpenAI-backed 1X at $6 billion valuationOpenAI and 1X last year discussed the possibility of the ChatGPT-maker acquiring 1X, the report added.
- SoftBank mulls up to $20 billion bond sale for OpenAI financingSoftBank Group is in talks with investment banks about a potential $10 billion to $20 billion bond offering to help refinance a loan for it...
- SoftBank plans $6.29 billion corporate bond issuance amid AI fundraising boomSoftBank is gearing up for a historic bond issuance aimed at securing funding for its robust investments in artificial intelligence. This a...
- SoftBank plans $6.29 billion corporate bond issuance amid AI fundraising boomThe issuance is SoftBank's largest ever and nearly twice the size of its previous record - a 600 billion yen offering issued in April 2025.
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