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Category: finance – Page 5

Softbank Group chief executive officer Masayoshi Son plans to borrow $16 billion to invest in artificial intelligence (AI), the company’s executives told banks last week, The Information tech news Web site reported on Saturday, citing people familiar with the matter.

The Japanese technology investor might borrow another $8 billion early next year, the report added. It was reported in January that Softbank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, as the Japanese conglomerate continues to expand into the sector.

Softbank’s investment would be on top of the $15 billion it has already committed to Stargate, a private sector investment of up to $500 billion for AI infrastructure — funded by Softbank, OpenAI and Oracle Corp — to help the US stay ahead of China and other rivals in the global AI race.

The Information — a tech industry-focused publication headquartered in San Francisco — previously reported that Softbank was planning to invest a total of $40 billion into Stargate and OpenAI, and had begun talks to borrow up to $18.5 billion in financing, backed by its publicly-listed assets.

Separately, Arm Holdings PLC is set to sign a pact next week to establish a base in Malaysia, the Malaysian news agency Bernama reported on Friday, citing Malaysian Prime Minister Anwar Ibrahim. Anwar had a discussion with Arm chief executive officer Rene Haas on Friday, he told reporters in Putrajaya, Malaysia. Son also took part in the meeting, he said.

(https://open.substack.com/pub/remunerationlabs/p/softbank-gr…Share=true)

This would be on top of the $15 billion SoftBank has already committed to Stargate.

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Subscribe and hit the bell for NFT alerts:

GM. Nothing here is financial advice, dyor. These are NFT Projects I am currently interested in. What is an NFT? A NFT is a non-fungible token that is a non-interchangeable unit of data stored on the blockchain, which is a form of digital ledger. The most common one is bitcoin, a cryptocurrency. NFTs can be digital files such as photos, videos or audio. Although we like NFTs such as Bored Ape Yacht Club, Doodles, CryptoPunks, Cool Cats, and VeeFriends…The NFTs we are mainly interested in have certain utility or membership tied to them. #Shorts

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Lumma Stealer is a fully-featured crimeware solution that’s offered for sale under the malware-as-a-service (MaaS) model, giving a way for cybercriminals to harvest a wide range of information from compromised Windows hosts. In early 2024, the malware operators announced an integration with a Golang-based proxy malware named GhostSocks.

“The addition of a SOCKS5 backconnect feature to existing Lumma infections, or any malware for that matter, is highly lucrative for threat actors,” Infrawatch said.

“By leveraging victims’ internet connections, attackers can bypass geographic restrictions and IP-based integrity checks, particularly those enforced by financial institutions and other high-value targets. This capability significantly increases the probability of success for unauthorized access attempts using credentials harvested via infostealer logs, further enhancing the post-exploitation value of Lumma infections.”

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Peggy Hoyt is a Florida-based estate planner and co-author, with Rudi Hoffman, of The Cryonics Estate Planning Handbook. We discuss dynastic trusts, the Rule Against Perpetuities and why it isn’t a problem in the USA, reasons to have a living will, how to build in financial incentives to revive you, the components of a cryonics/biostasis estate plan, the role of the trust protector, financing the preservation of pets, and more.

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Tech juggernaut Nvidia continued its winning streak on Wednesday, posting record quarterly revenue of $39.3 billion, up 12% from last quarter and 78% a year ago, compared to Wall Street’s projection of $38.3 billion. Sales for the year came in at $130.5 billion, up 114% from the previous year.

The company forecast revenue for next quarter to hit $43 billion, slightly above the Street’s projections. Gross margins dipped for a second consecutive quarter, however, coming in at 73.5%, matching the guidance CFO Colette Kress offered last quarter. She said margins are expected to temporarily drop into the low 70s amid the Blackwell rollout.

Another amazing quarter from the company, said Will Rhind, founder and CEO of GraniteShares, who manages leveraged ETFs that give investors double the exposure to long or short positions on the stock. The only slight thing that I guess you could probably nitpick on is margins.

Today, the company’s data center business accounts for most of its sales as customers, including nearly all of Big Tech, race to amass as much compute power as possible. The data center division’s $35.6 billion in revenue increased 93% from the same quarter last year and beat the Street’s expected number of $34.2 billion.

Nvidia stock rose 171% in 2024, accounting for more than a fifth of the S&P 500’s overall gain. The company’s earnings are viewed as a reckoning for the whole Gen AI trade, making the chip behemoth’s financial results a momentous occasion for the entire equities landscape.

Rhind noted this latest batch of earnings comes as the market deals with increased uncertainty about issues such as tariffs and inflation. It really feels like the emphasis on this particular earnings call is more important than perhaps any of the others so far, he said.

Continue reading “NVIDIA Smashes Expectations, Posts Record 0.5 Billion Annual Revenue” | >

Super Humanity — This documentary examines breakthroughs in neuroscience and technology. Imagine a future where the human brain and artificial intelligence connect.

Super Humanity (2019)
Director: Ruth Chao.
Writers: Ruth Chao, Paula Cons, Alphonse de la Puente.
Genre: Documentary, Sci-Fi.
Country: Portugal, Spain.
Language: English.
Release Date: December 27, 2019 (Spain)

Also Known As (AKA):
(original title) O Futuro da Mente.
El futuro de la mente.
Netherlands O Futuro da Mente.
Poland O Futuro da Mente.
Portugal O Futuro da Mente.
South Korea O Futuro da Mente.
Spain El futuro de la mente.
United States Mind Forward.

SUPPORT US!
✘ Membership — https://bit.ly/3q5XPBh.

MORE DOCS!
► Gold: https://bit.ly/2IRZ0OA
► World Economy: https://bit.ly/36QlhEM
► All Playlists: https://bit.ly/3lOiCll.

#finance #documentaries #economy.

Continue reading “Super Humanity | Transhumanism | Documentary” | >

An Android malware app called SpyLend has been downloaded over 100,000 times from Google Play, where it masqueraded as a financial tool but became a predatory loan app for those in India.

The app falls under a group of malicious Android applications called “SpyLoan,” which pretend to be legitimate financial tools or loan services but instead steal data from devices for use in predatory lending.

These apps lure users with promises of quick and easy loans, often requiring little documentation and offering attractive terms. However, upon installation, they request excessive permissions, allowing the apps to steal personal data such as contacts, call logs, SMS messages, photos, and device location.

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‘Quantum Supremacy’ author Dr. Michio Kaku discusses the future of quantum computing on ‘Making Money.’ #foxbusiness #makingmoney.

Watch more Fox Business Video: https://video.foxbusiness.com.
Watch Fox Business Network Live: http://www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours.
Follow Fox Business on Facebook: / foxbusiness.
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In today’s AI news, Mercor, the AI recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B round, the company confirmed to TechCrunch. Menlo Park-based Felicis led the round, valuing Mercor at $2 billion — eight times its previous valuation. Existing investors Benchmark and General Catalyst, as well as DST Global and Menlo Ventures participated.

In other advancements, GPT-4.5 could arrive as soon as next week, as Microsoft gets ready to host OpenAI’s latest artificial intelligence models.

Microsoft engineers are currently readying server capacity for OpenAI’s upcoming GPT-4.5 and GPT-5 models. While OpenAI CEO Sam Altman acknowledged recently that GPT-4.5 will launch within a matter of weeks.

Then, OpenAI’s astounding growth rate potential is luring possible investors as questions loom over whether the startup will go public. “In terms of a multiple to pay for stock like ours, there’s incredible interest at the moment,” finance chief Sarah Friar told CNBC’s David Faber on Thursday. Its future growth potential has also enabled OpenAI to “achieve valuations that are on par with the growth rate of the scale” it is reaching.

S internal testing, it could mark a meaningful step forward for an all-purpose multimodal AI that can operate interactively in both real and digital spaces. + In videos, Figure is introducing Helix, a generalist Vision-Language-Action (VLA) model that unifies perception, language understanding, and learned control to overcome multiple longstanding challenges in robotics. A detailed report on Helix can be found in text accompanying the video.

Then, in this episode of Moonshots Peter Diamandis is joined by a panel of leaders in the session Transforming Business with AI: Opportunity or Overload? at Miami FII. Panelists include: Prem Akkaraju, CEO, Stability AI Ramin Hasani, Co-Founder & CEO, Liquid AI Jack Hidary, CEO, SandboxAQ Jim Keller, CEO, Tenstorrent Alexander Sukharevsky, Senior Partner & Managing Partner, QuantumBlack, AI, McKinsey & Company.

Meanwhile, AI is evolving into a mysterious new form of intelligence — powerful yet flawed, capable of remarkable feats but still far from human-like reasoning and efficiency. To truly understand it and unlock its potential, we need a new science of intelligence that combines neuroscience, AI and physics, says neuroscientist and Stanford professor Surya Ganguli.

Continue reading “Mercor, An Artificial Intelligence Recruiting Startup Founded By 21-Year-Olds, Raises 0 Million At Billion Valuation” | >

Health, vitality and longevity through bioengineering — kevin caldwell — CEO, ossium health.

Kevin Caldwell is CEO, Co-Founder & President of Ossium Health (https://ossiumhealth.com/), a commercial stage bioengineering company that leverages its proprietary organ donor bone marrow banking platform to develop stem cell therapies for patients with life-threatening hematologic conditions, organ transplant rejection, and musculoskeletal defects.

Mr. Caldwell built Ossium from a small startup into the clinical stage bioengineering company it is today, setting the company’s mission to improve human health through bioengineering and designed its platform-based model for cellular therapeutics development. He has led the company’s successful pursuit, negotiation, and execution of more than 50 business relationships, including 5 successful fundraisings and dozens of supply partnerships, clinical partnerships, and commercial contracts with biopharmaceutical companies.

After seven years of strategic engagement and networking, Mr. Caldwell drove the team to successfully secure a transformative federal contract with BARDA (Biomedical Advanced Research and Development Authority) that validates Ossium’s innovative approach. This milestone represents the culmination of persistent relationship-building, targeted proposals, and unwavering commitment to addressing national biomedical challenges through cutting-edge technology and collaborative partnerships.

Prior to founding Ossium, Mr. Caldwell served as an Engagement Manager at McKinsey’s San Francisco office where he advised clients in the biotechnology and healthcare sectors. His projects ranged from due diligence of acquisition targets in the biotech startup ecosystem to restructuring distressed biopharma companies. Mr. Caldwell led more than 20 engagements with more than a dozen clients, leading teams that advised clients on revenue growth, go to market strategy, and organizational restructuring.

Continue reading “Kevin Caldwell — CEO, Ossium Health — Health, Vitality And Longevity Through Bioengineering” | >