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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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Authored by Evgenia Filimianova via The Epoch Times,
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File photograph of ethernet cables running from the back of a router in Washington on March 21, 2019. Mandel Ngan/AFP/Getty Images
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US Embassy Offers Large Cash Sums For Groups In Lebanon To Promote America's Image
US Embassy Offers Large Cash Sums For Groups In Lebanon To Promote America's Image
Via The Libertarian Institute
The US Embassy in Lebanon announced that the State Department is offering grants of up to $250,000 to groups that help promote American propaganda.
"The US Embassy in Beirut is opening a new Notice of Funding Opportunity for 2026," a statement published this week explained. "We’re looking for partners to implement programs that strengthen ties between the US and Lebanon, with a focus on highlighting US-led peace and stabilization efforts, and advancing digital literacy to...
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