SoftBank in talks to borrow $16 billion to fund AI, The Information reports
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.
Musk faces legal setback in OpenAI lawsuit as judge fast tracks trial
Musk does not have "the high burden required for a preliminary injunction" to block the conversion of OpenAI, said a judge in Oakland, California.
SoftBank-Backed Cybereason CEO Quits After Boardroom Turmoil
Cybereason Inc.’s chief has stepped down following a months-long feud with investors SoftBank Group Corp. and former US Treasury Secretary Steven Mnuchin that’s stalled decision-making at the cash-strapped startup.
SoftBank Bets Big on AI With $16B Loan, But Can It Sustain the Risk?
SoftBank Group (SFTBY), led by CEO Masayoshi Son, is making pivotal moves in artificial intelligence (AI). The Japanese tech giant plans to
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SoftBank Considers Borrowing $16 Billion to Fund AI
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, The Information tech news website reported on Saturday, citing people ...
SoftBank Group plans to borrow $16B to invest in AI, Reuters says
Softbank CEO Masayoshi Son plans to borrow $16B to invest in AI, Reuters reports. Additionally, the company might borrow another $8B in early