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News
SoftBank Shares Plunge 13%, Completely Erasing Last Week's Gains as OpenAI 2026 IPO Hopes Fade
23+ min ago (584+ words) SoftBank Group shares plunged up to 13% on Monday (September 14), erasing previous gains after OpenAI CEO Sam Altman ruled out a 2026 initial public offering. The delay intensifies Wall Street concerns regarding extended monetization timelines for heavy artificial intelligence capital expenditures. As…...
Softbank Group gets upsized $11.9 billion loan in OpenAI funding push
15+ min ago (245+ words) The Japanese conglomerate sealed the two-year facility last week, attracting commitments from around 20 banks By Janice Huang SoftBank Group Corp secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI, people familiar with the matter said,…...
Details from OpenAI on new ChatGPT tool for investment bankers to build decks and more
21+ min ago (25+ words) ___ Check It Out: – Introducing ChatGPT for Financial Services All comments reviewed before publishing. Save my info for next time I comment. © 2026 The Basis Point®...
Sources: SoftBank sealed a two-year loan facility to support its OpenAI investment, securing $11.87B in commitments from ~20 banks, above its $10B target
43+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Google Set to Boost Finland's AI Infrastructure
5+ hour, 2+ min ago (15+ words) messenger.com.ge Google Set to Boost Finland's AI Infrastructure...
UAE pledges $46.5 billion investment in Germany across AI, tech and energy - Fast Company Middle East | The future of tech, business and innovation.
1+ hour, 5+ min ago (594+ words) The United Arab Emirates has pledged to invest 40 billion euros ($46.5 billion) in Germany, targeting sectors including artificial intelligence, data centers, advanced technology and energy as the two countries seek to deepen economic ties. The investment was announced on Thursday during…...
Signaloid Announces Appointment of Quantitative Finance and Cloud Veterans to Advisory Board and Senior Commercialization Roles
49+ min ago (213+ words) Dr. Han Lee, former Global Head of Quantitative Strategies and Automated Trading at Morgan Stanley, joins to chair Signaloid's advisory board. Dr. Nachiketh Potlapally, Distinguished Engineer at Nscale, and previously Security Architect at Oracle Cloud Infrastructure and AWS, joins as…...
DARRYL MOODLEY | How multimanagers are redefining returns
49+ min ago (224+ words) The following forces have driven this evolution: Sanlam Investments Multi-Manager continuously scans the South African and global investment universes to identify skilful managers who can collectively give clients the highest probability of achieving their long‑term outcomes. Markets are volatile…...
India Semiconductor Sector Funding: Why Bengaluru Leads
2+ hour, 7+ min ago (928+ words) The figures come as India prepares to host the fifth edition of SEMICON India from September 17 to 19 at Yashobhoomi in Dwarka, New Delhi. Prime Minister Narendra Modi is scheduled to inaugurate the event on September 17. The gathering is expected to…...
AI's energy demand ignites global nuclear rush, straining Taiwan's restart
1+ hour, 16+ min ago (139+ words) digitimes AI's energy demand ignites global nuclear rush, straining Taiwan's restart A worldwide nuclear comeback, fueled by artificial intelligence data centers and semiconductor demand, is tightening supply chains and labor markets just as Taiwan considers restarting idle reactors. Keep me…...