TECH NEWS

SoftBank lines up a new $60bn bond to keep its OpenAI bet funded

Sixty billion dollars is a lot of bond, even by SoftBank Group’s standards. The Japanese conglomerate is reportedly preparing to raise up to that much in fresh debt, according to Bloomberg, a target that would eclipse anything Masayoshi Son’s firm has sold before and that lands squarely behind its swelling bet on OpenAI.

The plan follows a run of smaller raises, including a record ¥600bn ($4.1bn) retail bond and a string of dollar and euro deals aimed at overseas buyers.

It also sits atop a tower of borrowing already built for OpenAI, from a $40bn bridge loan to a still-pending $10bn margin loan secured against SoftBank’s OpenAI shares.

The $60bn is best read as a ceiling rather than a single confirmed deal, a figure that would cover multiple tranches spread across currencies and investor types, not one institutional blockbuster.

SoftBank has issued roughly $7.8bn of bonds during 2026 so...

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Nashville will use 'eminent domain' to block a $700 million data center threatening iconic zoo

* Nashville's Metro Council voted 27 to 5 to authorize acquiring the 23.49-acre site next to the Nashville Zoo by negotiation or condemnation * This comes after a local fight escalated into a national campaign with a 500,000-signature petition * The vote grants an option rather than a commitment:

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Steam Deck Mod Transforms Handheld Into A Sleek Modern Game Boy

The "SteamBoy" mod can double as a pseudo Steam Controller. Image: u/PhyFawkes on Reddit An impressive Steam Deck Game Boy mod, appropriately dubbed the Steam Boy, is ablaze across the r/SteamDeckModded subreddit and tech press this week. The idea for this mod stems from the realization

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Apple and the curse of the mythical next thing

Apple may or may not be working on a mostly-glass 20th anniversary iPhone. This long-rumored passion project would not necessarily transform the iPhone into a fully translucent device, but would extend the front and back glass panels so that they almost meet around a far thinner metal border. But like

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Uber surprised robotics company Serve by selling its entire stake

Uber has sold off its entire stake in Serve Robotics, the autonomous delivery robot company that spun out of the ride-hailing company more than five years ago. Uber made the disclosure in a regulatory filing that was first reported by Bloomberg. Uber’s exit from Serve Robotics has been brewing

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Nashville will use 'eminent domain' to block a $700 million data center threatening iconic zoo

Steam Deck Mod Transforms Handheld Into A Sleek Modern Game Boy

Apple and the curse of the mythical next thing

Uber surprised robotics company Serve by selling its entire stake