Friday, March 27, 2026

SoftBank says it has secured a $40B bridge loan maturing in 2027 from JPMorgan Chase, Goldman Sachs, and other banks, to fund further investment in OpenAI (Akash Sriram/Reuters)

Akash Sriram / Reuters:
SoftBank says it has secured a $40B bridge loan maturing in 2027 from JPMorgan Chase, Goldman Sachs, and other banks, to fund further investment in OpenAI  —  SoftBank Group (9984.T) said on Friday it has secured a $40 billion loan through a bridge facility to fund further investments …



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Alibaba launches preview of 2.4T parameter Qwen3.8 Max, says it's comparable to frontier AI models and second only to Fable 5, will make it "open-weight soon" (Bloomberg)

Bloomberg : Alibaba launches preview of 2.4T parameter Qwen3.8 Max, says it's comparable to frontier AI models and second only to Fab...