Global Market Today: Asian stocks drop on tech jitters, oil edges lowerThe MSCI Asia Pacific equities index edged 0.1% lower early Friday. Japan’s Nikkei fell over 1%, with Softbank Group Corp. declining more t...
Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
Global Market: Japan stocks fall for second day as profit-taking, rate fears weighJapanese shares trade lower for a second straight session as investors book profits after a recent rally, while uncertainty over US rates, ...
Global Market: Japanese shares fall as AI stocks retreat after sharp rallyJapanese shares slipped on Wednesday as investors booked profits after a sharp recent rally, with technology and semiconductor stocks leadi...
Sauce's Manu Chandra on consumer exits; Physical AI's regulation pushSauce's Manu Chandra said he expects larger exits for investors of India's new-age consumer brands. This and more in today’s ETtech Morning...
Global Market: Japan’s Nikkei jumps 2.5% to 3-month high as AI stocks rallyJapan’s Nikkei surged 2.53% to a three-month high, led by AI and chip stocks following Wall Street gains. Advantest and Tokyo Electron rall...
Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
SoftBank’s Masayoshi Son has rare cautionary note on AI safetyIn a recent statement, Masayoshi Son underscored the critical importance of international unity in managing the safety risks associated wit...
OpenAI sacks 3 researchers over leaking 'sensitive' info, ChatGPT maker alerts over 100 organizations about rogue AI agent activityChatGPT maker has been conducting a broad review of the activities of its AI models after the accidental hacking of Hugging Face. OpenAI is...
SoftBank completes final phase of $30 billion investment in OpenAISoftBank Group said on Thursday it has completed its $30 billion investment in OpenAI as part of its commitment to the ChatGPT maker's last...
US Market: AI credit surge tests lenders as future revenues remain uncertainAI-related borrowing has surged substantially in low-rated U.S. firms this year, prompting investor scrutiny of financial assumptions. Lend...
AI borrowers face tough sell in risky corners of US credit marketAI-related issuance by low-rated firms has totaled $88 billion this year, according to Goldman Sachs, with most of the borrowing coming fro...
Global Market: DayOne pushes ahead with potential November IPO amid data center scrutinyData center operator DayOne is preparing for a potential US IPO in November, targeting a valuation near $20 billion. The company plans to f...
Data centre IPO hopefuls brave tougher market as investor scrutiny growsThe Singapore-based company develops and operates data centers for cloud and AI customers. It plans to make its filing with the US Securiti...
Data center IPO hopefuls brave tougher market as investor scrutiny growsData center operator DayOne is pushing ahead with its plans to go public as soon as November, according to three people familiar with the m...
SoftBank's growing bets on AI and semiconductor assetsFounder and Chief Executive Masayoshi Son is aiming to establish SoftBank as the world's leading AI platform with investments across the se...
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...