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01.04.26 - 11:31
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OpenAI Seals $122 Billion Mega Funding Deal (Bloomberg)
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OpenAI has reached a mega deal to raise $122 billion at an $852 billion valuation. Much of the capital comes from tech giants including Amazon, Nvidia and SoftBank. Bloomberg's Annabelle Droulers reports.
(Source: Bloomberg)...
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01.04.26 - 09:42
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Iran War: Market Euphoria As Trump Envisions US Withdrawal In Weeks | Daybreak Europe 4/1/2026 (Bloomberg)
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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia.
On today's show, global stocks rally after the US President said he sees the war on Iran ending within two to three weeks. Donald Trump suggests the US has largely accomplished its military goals, and will leave it to other countries to resolve issues with the Strait of Hormuz. The Wall Street Journal reports that the UAE is lobbying for a military coalition to forcibly reopen the Strait.
Also on the programme, OpenAI hits a $852 billion valuation after it raised $122 billion in its largest funding round on record. Amazon, Nvidia and SoftBank are providing the bulk of the financing, with Amazon's $35 billion investment contingent on OpenAI going public or achieving artificial general intelligence. (Source: Bloomberg)...
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01.04.26 - 07:18
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OpenAI, parent firm of ChatGPT, closes $122bn funding round amid AI boom (The Guardian)
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Company said it achieved valuation of $852bn, mentioning in a blogpost it generates $2bn a month in revenueOpenAI announced on Tuesday it had closed a fundraising round of $122bn and achieved a valuation of $852bn. The funding cements the ChatGPT maker as one of the most highly valued private companies in the world.The artificial intelligence firm received multibillion-dollar investments from companies including Amazon, Nvidia and SoftBank, which committed $110bn, according to the Wall Street Journal. OpenAI also allowed a select group of individual investors to contribute about $3bn. The funding round ranks among the highest-ever in Silicon Valley. OpenAI said last month it was expecting to raise $110bn in funding, but upped that figure in its latest announcement. Continue reading......
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30.03.26 - 06:06
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SoftBank secures US$40 billion loan to fund OpenAI investment (Digitimes)
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SoftBank Group Corp. has secured a US$40 billion bridge loan to support its ongoing investment in US artificial intelligence developer OpenAI, marking one of the largest dollar-denominated borrowings in the Japanese conglomerate's history. The unsecured loan, arranged with JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking Corp., and MUFG Bank, is set to mature on March 25, 2027, according to Jiji Press, The Japan Times, Reuters, and TechCrunch....
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27.03.26 - 15:00
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SoftBank Signs USD40 Billion Loan to Invest in OpenAI (AAStocks)
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SoftBank Group announced on Friday that it has signed a USD40 billion loan to fund its investment in OpenAI.The company stated that the 12-month unsecured bridge loan will be used for SoftBank's USD30 billion follow-up investment in OpenAI and other related expenses.(sw/t)~AASTOCKS Financial NewsWebsite: www.aastocks.com...
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27.03.26 - 14:42
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SoftBank Group to Get 40 B. Dlrs for Investment in OpenAI (Nippon)
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Tokyo, March 27 (Jiji Press)--Japanese technology investor SoftBank Group Corp. said Friday that it has concluded a bridge loan contract of up to 40 billion dollars with five banks to finance its additional investment in U.S. artificial intelligence developer OpenAI. The unsecured contract was concluded with three Japanese megabanks--Mizuho Bank, Sumitomo Mitsui Banking Corp. and MUFG Bank--......
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