Nasdaq Futures Slide 1.7% After AI Founders Urge Slowdown
Nasdaq 100 futures dropped roughly 510 points, or 1.7%, to trade near 29,170 in the predawn hours Monday, while S&P 500 contracts slipped about 0.7%.
SoftBank
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SoftBank Falls 11% After OpenAI Delays IPO
SoftBank Group shares dropped 11 percent in Tokyo on Monday after OpenAI confirmed it would not pursue an initial public offering this year and joined
ByteDance secures $29.6 billion unsecured loan for AI expansion
China's ByteDance has locked in a $29.6 billion syndicated loan from close to 30 banks, a Reuters report published Friday shows. The facility ranks as
Nvidia's $105 Billion OpenAI Loop and the Quiet Hugging Face Purchase
Nvidia sits at the center of two very different wagers on artificial intelligence infrastructure. The loud one, a $105 billion financing backstop for
SB Energy Files for IPO With $3.2 Billion Loss and OpenAI Dependency
SB Energy, the SoftBank-backed AI infrastructure venture that has yet to turn on a single data center, filed for a U.S. listing on Tuesday carrying a
Nvidia commits $105 billion to OpenAI Ohio data center
Nvidia is underwriting the next leg of the AI buildout with its own balance sheet, committing up to $105 billion to a giant OpenAI campus in Ohio as c
Nvidia backs OpenAI Ohio data centre with $105bn guarantee
Nvidia has committed a $105 billion guarantee to backstop OpenAI's lease on a massive Ohio data centre being built by SoftBank's SB Energy, marking on
Nvidia invests $1.5B in SoftBank data center venture
Nvidia committed $1.5 billion to SB Energy on Monday, locking itself in as the exclusive compute supplier for OpenAI's Ports-Pike data center outside
SoftBank Q1 Profit Beats on Intel Gain as OpenAI Sits Out
SoftBank Group reported fiscal first-quarter net profit of 347.3 billion yen ($2.2 billion), beating the 120.23 billion yen LSEG consensus by a wide m
Nvidia weighs $250 billion guarantee for OpenAI Ohio campus
Nvidia is in talks to guarantee roughly $250 billion of debt so OpenAI can lease a 10-gigawatt data center campus in Piketon, Ohio, from SoftBank’s SB
Nvidia offers $250 billion backstop for OpenAI data center
Nvidia is in talks to put roughly $250 billion in financing guarantees behind OpenAI, a commitment that would anchor a 10-gigawatt data center campus