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SoftBank Attempt To Get Downsized $6 Billion OpenAi Margin Loan Stalls
SoftBank Attempt To Get Downsized $6 Billion OpenAi Margin Loan Stalls
One month ago, Japanese tech giant SoftBank Group, was forced to downsize plans for a $10 billion margin loan backed by its OpenAI stake after facing hesitation from some creditors. Today, it couldn't even get that done after talks with potential creditors to raise the downsized $6 billion stalled amid rising concerns about the collateral value, Bloomberg reported citing people familiar with the matter.
As a result, the company is now considering various different fundraising options, although it could still move forward...
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The Real Numbers: Counting Gaza’s Dead and Disappeared
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Cuba Says It Killed Four People Who Opened Fire From a US-Registered Speed Boat
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IRGC Says Trump Ongoing Talks Narrative 'Not Reality' After Most Intense Clashes Since April
IRGC Says Trump Ongoing Talks Narrative 'Not Reality' After Most Intense Clashes Since April
Summary
GCC blasts 'cowardly attacks' after Kuwait International Airport rocked by Iranian missiles: one dead, 63 injured.
Overnight saw US-Iran exchange fire in Strait of Hormuz - as US attacked Qeshm Island - and Iran unleashed more projectiles on Gulf states. Most intense fighting since April.
IRGC via state media: Tehran has frozen all back-channel communication with Washington over Israeli operations in Lebanon, calls Trump narrative a fantasy.
Trump says Iran has agreed not to pursue a nuclear weapon, while saying...
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