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OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan
OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan
SoftBank Group's abrupt scaling back of a planned $10 billion margin loan backed by its roughly 13% stake in OpenAI - now targeting as little as $6 billion - reveals deepening lender unease over the AI giant’s $852 billion post-money valuation set in March 2026.
The move follows earlier $40 billion bridge financing and comes amid reports that OpenAI missed internal revenue and weekly-active-user targets earlier this year.
While the loan itself is SoftBank’s problem, the episode carries real risks for OpenAI.
The...
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Apple Forces British iPhone Users To Prove Age With ID Or Lose Unrestricted Internet Access
Apple Forces British iPhone Users To Prove Age With ID Or Lose Unrestricted Internet Access
Authored by Steve Watson via Modernity.news,
UK iPhone and iPad owners updating to the latest iOS 26.4 are now confronted with a stark choice: verify you are an adult by providing a credit card or scanning your ID, or accept automatic web content filters that restrict access.
The message users see states clearly: “UK law requires you to confirm you are an adult to change content restrictions.”
Those who do not confirm their age – or are found to be...
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