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SOFTBANK BORROW LOAN
SoftBank's OpenAI-related debt in focus as another strong quarter expectedSoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However...- US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
- Oracle, CoreWeave shares drop after report flags OpenAI growth worriesOpenAI's recent performance has caused a stir. The company reportedly missed targets for new users and revenue. This has led to worries abo...
- SoftBank seeks $10 billion margin loan backed by OpenAI shares: BloombergSoftBank is reportedly seeking a massive $10 billion loan, leveraging its stake in ChatGPT's creator, OpenAI. This move signals the Japanes...
- SoftBank seeks $10 billion margin loan backed by OpenAI shares: ReportSoftBank Group is seeking a substantial $10 billion loan. This loan is backed by its shares in ChatGPT-maker OpenAI. The move signals SoftB...
- Karnataka's under-16 social media ban; Layoffs at FlipkartKarnataka has become the first Indian state to ban social media use for those aged under-16. This and more in today's ETtech Top 5.
- SoftBank seeks up to $40 billion loan to finance OpenAI investmentSoftBank is seeking up to $40 billion in loans, mainly to back its $30 billion investment in OpenAI. The Japanese firm has sold assets, inc...
- SoftBank posts fourth straight quarterly profit of $1.6 billion on OpenAI gainsJapan's SoftBank Group said on Thursday it logged a net profit of 248.6 billion yen ($1.62 billion) in the October-December quarter, booste...
- US Stocks Today | SoftBank posts fourth straight quarterly profit of $1.6 billion on OpenAI gainsJapan's SoftBank Group said on Thursday it logged a net profit of 248.6 billion yen ($1.62 billion) in the October-December quarter, booste...
- SoftBank races to fulfil $22.5 billion funding commitment to OpenAI by year-end, sources saySoftBank is rushing to raise $22.5 billion to fund OpenAI, selling assets and considering loans backed by Arm shares. Masayoshi Son has slo...
- SoftBank in talks for $5 billion margin loan backed by Arm stock: BloombergSoftBank Group is discussing a $5 billion loan from global banks, using shares of its chip business Arm Holdings as security. The funds wil...
- Oyo speeds up IPO plans as founder’s debt repayment date loomsOyo Hotels is accelerating its IPO plans as a significant debt repayment deadline looms. Creditors demand founder Ritesh Agarwal settle $38...
- As Tiger Global's VC arm borrows billion, JPMorgan calls in more banksBooming equity markets and high-flying Chinese tech stocks -- many of which cratered this year -- were major contributors to that breakneck...
- SoftBank founder Masayoshi Son loses $25 billion in tech's brutal winterFrom China’s tech crackdown to Russia’s invasion of Ukraine, inflation to the markets, a litany of troubles has beset Masayoshi Son and his...
- SoftBank Vision Fund sells $2 billion of DoorDash sharesSoftBank Group CEO Masayoshi Son has tapped his shareholdings in DoorDash Inc. for the third time in just six months, selling $2 billion wo...
- MUFG gets Green Certification for $333mn SoftBank’s financingThe 900 megawatt-DC solar farm in the Phalodi-Pokhran Solar Park in the State of Rajasthan, India, is the seventh and largest project of it...
- SoftBank to borrow $4.5 billion pledging domestic telco's sharesThe loan comes as SoftBank's finances are under pressure on multiple fronts.
- Masayoshi Son’s bankers are worried about their favorite clientSon’s recent string of stumbles has tested banks’ commitment to the new model. Tumbling valuations for marquee holdings including WeWork an...
- Consumer finance focus can bring SoftBank to PiramalPiramal Capital was looking to raise funds via ECB route to ease liquidity pressure, ET had reported.
- SoftBank Fund to use tech stakes for $4 billion loan, FT saysThe Vision Fund is the largest shareholder in Uber, which went public this month. Slack plans to go public this year.
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