SoftBank has completed the largest junk bond offering on record, paying investors yields as high as 9.75 per cent in its latest push to fund the AI ambitions of founder Masayoshi Son.

OpenAI was disappointed by the adoption of ChatGPT through Apple Intelligence, which it says “dramatically underperformed” after launching in 2024.

OpenAI reveals Apple ChatGPT integration fell short, sparking tension as Apple pivots to Google AI and legal disputes over ...

SoftBank is reportedly borrowing another 11 billion dollars to finance its third installment payment to OpenAI. The bonds are considered high-risk.

The technology market has entered a period where a handful of companies can command valuations that once required an entire ...

When people hear 'AI evolution,' many probably think of 'how much smarter it has become (IQ or benchmark scores).'News about 'passing the bar exam' or 'solving complex Math Olympiad problems' might ...

Employees working at leading artificial intelligence (AI) labs and evaluation companies are reportedly facing increasing ...

For decades, technology companies went public and then spent years compounding into giants. The AI era is flipping that ...

A chart doing the rounds this week, put together by economist and Wall Street veteran Steve Rattner and drawing on Financial ...

OpenAI will stay private for now. CEO Sam Altman recently pushed the long awaited listing back to 2027 at the earliest, ...

OpenAI reportedly expects to spend $278 billion more money than it generates between 2026 and 2030 due to aggressive spending on compute capacity and adjacent infrastructure.

SoftBank plans over $11bn in high-yield bonds to fund its major OpenAI investment, increasing its presence in the rapidly ...