Monday, September 12, 2022

EV startup Yulu raises $82 million in funding led by Magna International

Yulu is forming a new entity - Yulu Energy - with Magna to create nationwide battery charging & swapping infrastructure to cater to the demand from Yulu and other EVs.

from Tech-Economic Times https://ift.tt/emECKH9

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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-...