Friday, March 22, 2024

Microsoft agreed to pay Inflection $650 million while hiring its staff: report

Microsoft has agreed to pay Inflection about $650 million while hiring the AI startup's staff, the Information reported on Thursday, citing a person involved in the deal.

from Tech-Economic Times https://ift.tt/9myNlsG

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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-...