Thursday, October 2, 2025

Perplexity acquires Visual Electric to rival OpenAI’s Sora, Google’s Nano Banana

Perplexity AI has acquired Visual Electric, an AI-based image and video generation platform. The Visual Electric team will join Perplexity to develop new consumer product experiences, while Visual Electric winds down its current operations over 90 days, offering refunds and data export.

from Tech-Economic Times https://ift.tt/3JA6rhm

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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-...