SoftBank has reduced a loan secured by OpenAI shares from 10 to around 6 billion dollars. Lenders are apparently reluctant to reliably assess the value of an unlisted company like OpenAI. <br /> [...]
This year, over 4,000 exhibitors descended on Las Vegas, Nevada to showcase their wares at CES, and the Engadget team was out in full force. The week started with press conferences from the biggest co [...]
SoftBank has gone back to lenders with a $10bn loan proposal secured against its OpenAI stake, and this time it is offering to personally guarantee the debt, according to Reuters, which cited people f [...]
Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, n [...]
Last year, Honda teased its first two homegrown EVs with the Series 0 Saloon and Space-Hub. But now at CES 2025, those vehicles are getting one step closer to production by graduating from concepts to [...]