SoftBank said Monday it will buy back as much as 200 billion yen ($1.87 billion) of its domestic unsecured corporate bonds. The move is part of SoftBank’s effort to reduce its debt, after the Japanese company reported a record annual loss in the last fiscal year ended March. On Monday, SoftBank also said it expects a gain of about 600 billion yen ($5.6 billion) in the current quarter through...
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OpenAI Dangles Perks and Early Access to Win Investments in AI Startups

OpenAI has proven itself to be a prolific fundraiser, collecting billions of dollars from Microsoft and others to perfect its artificial intelligence software. Lately, it’s also been flexing its muscles as an investor in other AI startups, a strategy that could tie a generation of young companies to its machine-learning models and Microsoft’s cloud services. San...
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