Tuesday, August 16, 2022

EV maker Faraday Future to raise up to $600 million in funding

The electric-vehicle maker said it was in active discussions with investors in the United States and globally for "significant additional near-term funding" as it looks to start deliveries in the third or fourth quarter.

from Tech-Economic Times https://ift.tt/Bjbi1hZ

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...