SoftBank secures $40B bridge loan to fund its OpenAI bet
The unsecured facility, arranged with JPMorgan Chase, Goldman Sachs, Mizuho, SMBC and MUFG, matures in March 2027. Once SoftBank’s $30B follow-on investment in OpenAI closes, its cumulative stake will total approximately $64.6B, representing roughly 13% of the company. Masayoshi Son has never been accused of thinking small, but the pace and scale of his bet […]<br /> This story continues at The Next Web [...]
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SoftBank's acquisition of AI chip designer Ampere may be facing an FTC probe
SoftBank's $6.5 billion acquisition of AI-chip designer Ampere is facing an in-depth US government probe that may delay the deal, according to Bloomberg. The Federal Trade Commission (FTC) has op [...]
From lab to market: Rose Rock Bridge fast-tracks energy innovation in Tulsa
Presented by Tulsa Innovation LabsAs the global energy system evolves, companies are racing to adopt technologies that can deliver real-world solutions, especially in hard-to-abate industries. Oklahom [...]
OpenAI deploys Cerebras chips for 15x faster code generation in first major move beyond Nvidia
OpenAI on Thursday launched GPT-5.3-Codex-Spark, a stripped-down coding model engineered for near-instantaneous response times, marking the company's first significant inference partnership outsi [...]
OpenAI and Softbank team up for a $500 billion AI data center venture
OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company c [...]
OpenAI secures another $110 billion in funding from Amazon, NVIDIA and SoftBank
OpenAI just announced a massive funding round of $110 billion, which is one of the biggest investment rounds in Silicon Valley history. The investors feature many of the usual suspects, including Amaz [...]
SoftBank is buying ex-Intel president Renee James' chip design company for $6.5 billion
In case you need further evidence that companies involved in AI chip manufacturing are looking to give themselves whatever edge they can, SoftBank is adding to its institutional expertise by buying fo [...]
OpenAI upgrades ChatGPT with interactive learning tools as lawsuits and Pentagon backlash mount
OpenAI on Monday launched a set of interactive visual tools inside ChatGPT that let users manipulate mathematical and scientific formulas in real time — a genuinely impressive education feature that [...]
OpenAI launches a Codex desktop app for macOS to run multiple AI coding agents in parallel
OpenAI on Monday released a new desktop application for its Codex artificial intelligence coding system, a tool the company says transforms software development from a collaborative exercise with a si [...]