SoftBank

The 1X deal builds on SoftBank’s broader push into robotics

It expects the bonds to get an A rating from Japan Credit Rating Agency

SB Energy, which is also backed by OpenAI, develops large-scale power and data centre infrastructure projects

The tech investor has booked gains from its bets on Intel, whose shares more than tripled during the quarter

The finances of AI firms face heightened scrutiny as financing needs and the use of debt grow

The company has been accelerating its investments into AI-related companies

Sources say it is working with advisers and could raise as much as US$500 million

Orbital data centres cut electricity costs, but power is a tiny fraction of total operating expense

Changing of the guard underscores how rapidly investor tastes have shifted towards companies that are benefiting from the AI build-out