Technology

Category Added in a WPeMatico Campaign

SoftBank wants to borrow $10 billion against its OpenAI stake. The spread tells you what the banks think.

Summary: SoftBank is seeking a $10 billion margin loan backed by its OpenAI shares at SOFR + 425 basis points (~7.88%), a two-year term with one-year extension. The loan sits atop a $40 billion bridge loan from March and brings SoftBank’s total OpenAI commitment to ~$64.6 billion for a ~13% stake. At OpenAI’s $852 billion […]

This story continues at The Next Web

SoftBank wants to borrow $10 billion against its OpenAI stake. The spread tells you what the banks think. Read More »

Apple’s Next Chapter, SpaceX and Cursor Strike a Deal, and Palantir’s Controversial Manifesto

In this week’s episode of Uncanny Valley, we talk about Tim Cook’s legacy as CEO at Apple and what his long-rumored departure means for the future of one of the world’s biggest companies.

Apple’s Next Chapter, SpaceX and Cursor Strike a Deal, and Palantir’s Controversial Manifesto Read More »

Rilian raises $17.5 million to bring agentic AI to sovereign defence

The McLean, Virginia startup’s Caspian platform sits as a command layer above existing security stacks, deploying pre-trained AI agents into air-gapped and compliance-restricted environments. One of its co-founders is Nick Pompeo, son of former US Secretary of State Mike Pompeo. Rilian, a McLean, Virginia-based startup building agentic AI systems integration for defence and national security […]

This story continues at The Next Web

Rilian raises $17.5 million to bring agentic AI to sovereign defence Read More »

White House accuses China of industrial-scale AI model distillation, commits to intelligence sharing with OpenAI, Anthropic, Google

Summary: The White House OSTP released a policy memo accusing China of “industrial-scale” distillation of US AI models, committing to share intelligence with US AI companies and explore accountability measures. OpenAI accused DeepSeek of distilling its models in February; Anthropic named DeepSeek, MiniMax, and Moonshot AI as having created 24,000 fraudulent accounts generating 16+ million […]

This story continues at The Next Web

White House accuses China of industrial-scale AI model distillation, commits to intelligence sharing with OpenAI, Anthropic, Google Read More »

Zapata Quantum raises $15 million after emerging from bankruptcy

The oversubscribed financing, led by Triatomic Capital, caps a restructuring that addressed $18.7 million in debt, converted $10 million of that to equity, and preserved 60-plus patents. The company had been days away from liquidation in late 2024. Zapata Quantum announced on 23 April 2026 that it has completed an oversubscribed $15 million financing led […]

This story continues at The Next Web

Zapata Quantum raises $15 million after emerging from bankruptcy Read More »

Shopping Cart