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SoftBank in talks to borrow $16b 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 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 ...
Current and Former Scale AI Contractors Allege Wage Theft in Letter to U.S. Senators
Scale’s former managing director will appear this week at a Senate confirmation hearing for the White House’s top science ...
Apple to invest $500 billion, create 20,000 US jobs; joins Meta, SoftBank in $1 trillion push
Tech giant Apple became the latest company to announce investments in the US, following similar promises made by its peers ...
devdiscourse1d
SoftBank's Ambitious AI Investment Plans Unveiled
SoftBank Group CEO Masayoshi Son is planning significant financial maneuvers with $16 billion borrowed for AI investments. The group may borrow an additional $8 billion by 2026. This move includes ...
What Kind of World Do Silicon Valley Billionaires Want to Create?
The world's richest entrepreneur and its most powerful political leader have joined forces. What comes next is unknown.