Why SoftBank’s new $40B loan points to a 2026 OpenAI IPO
Why SoftBank’s new $40B loan points to a 2026 OpenAI IPO Wall Street giants JPMorgan and Goldman Sachs are extending a 12-month, unsecured loan to the Japanese conglomerate. Wall Street…
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Why SoftBank’s new $40B loan points to a 2026 OpenAI IPO Wall Street giants JPMorgan and Goldman Sachs are extending a 12-month, unsecured loan to the Japanese conglomerate. Wall Street…
Memory chip giant SK hynix could help end ‘RAMmageddon’ with blockbuster US IPO SK hynix’s potential U.S. listing could raise $10-$14 billion to help it build more capacity, encourage others…
Waymo’s skyrocketing ridership in one chart Waymo's weekly paid robotaxi trips have increased tenfold in less than two years. Waymo's weekly paid robotaxi trips have increased tenfold in less than…
European Commission confirms cyberattack after hackers claim data breach The European Union's top executive body has confirmed a cyberattack after hackers reportedly stole reams of data from the European Commission's…
Aetherflux reportedly raising Series B at $2 billion valuation Index Ventures is said to be leading a $250 million to $350 million round. Index Ventures is said to be leading…
Rivian gets another $1B from Volkswagen The two companies have been collaborating on a joint venture that would see Rivian tech go in VW's EVs. The two companies have been…
Iranian hackers claim breach of FBI director Kash Patel’s personal email account Handala, a pro-Iranian hacking group allegedly working for Iran’s government, published emails it said were taken from the…
Apple says no one using Lockdown Mode has been hacked with spyware The tech giant's claim that it has not seen any successful spyware attacks targeting Apple devices with Lockdown…
OpenAI shuts down Sora while Meta gets shut out in court When an 82-year-old Kentucky woman was offered $26 million from an AI company that wanted to build a data…
David Sacks is done as AI czar — here’s what he’s doing instead Sacks will be much further from power center in Washington than since the outset of this second…