Softbank approves remaining $22.5 billion of OpenAI investment, The Information reports
SoftBank (9984.T) has approved a second installment of $22.5 billion towards its $30 billion investment in OpenAI, according to a report by The Inform...
SoftBank (9984.T) has approved a second installment of $22.5 billion towards its $30 billion investment in OpenAI, according to a report by The Information on Saturday.
The Japanese investment group's board gave the green light for the payment, contingent on the artificial intelligence startup completing a corporate restructuring that would set the stage for a potential public offering, the report stated, citing a source familiar with the decision.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Malawi’s President Arthur Peter Mutharika has declared a state of emergency in 11 districts following severe drought conditions that have left millions at risk of hunger.
U.S. Secretary of State Marco Rubio said on Saturday that Washington’s sanctions against Colombian President Gustavo Petro were not intended to harm the country’s citizens or its economy.
The Trump administration has prepared a new round of sanctions targeting key sectors of Russia’s economy if President Vladimir Putin continues to delay efforts to end Moscow’s war in Ukraine, according to U.S. and diplomatic sources familiar with the matter.
Tens of thousands of people took to the streets in Valencia on Saturday, demanding the resignation of conservative regional leader Carlos Mazon over his handling of the flash floods that killed 229 people nearly a year ago.
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