Oracle and OpenAI ⁠have abandoned plans to expand a flagship artificial intelligence data center ⁠in Texas after negotiations ...

Oracle and OpenAI have abandoned plans to expand their flagship data centre site in Texas, walking away from a ...

SoftBank is seeking a bridge loan of up to $40 billion to fund most of its planned investment in OpenAI, according to claims from Bloomberg.

SoftBank is reportedly attempting to arrange one of the largest corporate borrowings ever linked to artificial intelligence. The company is ...

The potential size of the loan underscores SoftBank founder Masayoshi Son’s aggressive bid to try and position his company as a linchpin in the global AI boom.

SoftBank seeks up to $40 billion loan to fund a massive OpenAI investment, signaling Masayoshi Son’s aggressive push into the ...

SoftBank Group is seeking to borrow up to $40 billion – reportedly its largest-ever loan denominated solely in US dollars – ...

Ecommerce giant Flipkart has laid off 400-500 employees following an annual review. This and more in today's ETtech Top 5.

OpenAI has hired law firms Cooley and Wachtell Lipton for IPO preparations, with Amazon's $35B investment contingent on a 2026 public listing.

Son has done this before — and left $150 billion on the table. He did it again anyway. Here is the stack logic that makes ...

SoftBank is transitioning from a traditional telecommunications carrier into an AI infrastructure provider, orchestrating intelligence across distributed edge and cloud environments to enable devices, ...