SoftBank Makes Good on $40 Billion OpenAI Investment
PYMNTS / pymnts - SoftBank completed its promised $40 billion investment commitment to OpenAI, CNBC reported Tuesday (Dec. 30), citing unnamed sources. The Japanese investment firm last week gave the artificial intelligence startup a final payment of $22 billion to $22.5 b…
Editor: So the big question here is what did Softbank have to do to make this happen? We already know ~6B of it came from liquidating Nvidia stock, but what else? Selling off more bets? Taking on more debt? It feels like a lot of exposure.
Back to Top / Tuesday, December 30, 2025, 12:21 pm / permalink 17368 / 9 stories in 2 months
Britain’s Octopus Energy To Spin Off AI Arm Kraken At $8.65 Billion Valuation
Kailee Rainse / startuprise - British renewable-energy startup Octopus Energy is spinning off its utility management platform, Kraken Technologies, with a valuation of $8.65 billion. The move follows Kraken’s first standalone $1 billion equity raise, led by D1 Capital Partners and joi…
Back to Top / Tuesday, December 30, 2025, 5:20 am / permalink 17362 / 4 stories in 2 months