Telecommunications
SoftBank swings to profit on valuation boost from OpenAI bet
SoftBank CEO Masayoshi Son (left) and OpenAI CEO Sam Altman attend an event in Tokyo in February 2025. SoftBank's investment gain on OpenAI stood at an estimated $19.8 billion as of December. SoftBank Group sprang back to a quarterly profit after investment gains from OpenAI neared $20 billion, a promising start for one of CEO Masayoshi Son's signature gambles alongside ByteDance and Alibaba Group Holding. The Tokyo-based company has invested about $34.6 billion in OpenAI, accumulating an 11% stake as of December, and has been in talks to invest as much as $30 billion more in a round that would value the startup at about $750 billion to $830 billion. As of December, SoftBank's investment gain on OpenAI stood at $19.8 billion, the company said Thursday.
SoftBank swings to profit on valuation boost from OpenAI bet
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event in Tokyo in February 2025. SoftBank's investment gain on OpenAI stood at an estimated $19.8 billion as of December. SoftBank Group sprang back to a quarterly profit after Masayoshi Son's bet on OpenAI paid off in valuation gains, cementing the Japanese company's position as an investment proxy for the ChatGPT creator. The Tokyo-based company has invested more than $30 billion (¥4.58 trillion) in OpenAI, accumulating an 11% stake as of December, and has been in talks to invest as much as $30 billion more in a round that would value the startup at about $750 billion to $830 billion. As of December, SoftBank's investment gain on OpenAI stood at an estimated $19.8 billion, the company said Thursday.
Stratospheric internet could finally start taking off this year
High-altitude platforms could help connect over 2 billion people around the world who are still offline. Today, an estimated 2.2 billion people But that number could drop this year, thanks to tests of stratospheric airships, uncrewed aircraft, and other high-altitude platforms for internet delivery. Even with nearly 10,000 active Starlink satellites in orbit and the OneWeb constellation of 650 satellites, solid internet coverage is not a given across vast swathes of the planet. One of the most prominent efforts to plug the connectivity gap was Google X's Loon project . Launched in 2011, it aimed to deliver access using high-altitude balloons stationed above predetermined spots on Earth. But the project faced literal headwinds--the Loons kept drifting away and new ones had to be released constantly, making the venture economically unfeasible.
Report reveals that OpenAI's GPT-5.2 model cites Grokipedia
Tests conducted by the Guardian show that GPT-5.2 sourced some of its info from the AI-generated online encyclopedia from Elon Musk's xAI. OpenAI may have called GPT-5.2 its most advanced frontier model for professional work, but tests conducted by the cast doubt on its credibility. According to the report, OpenAI's GPT-5.2 model cited Grokipedia, the online encyclopedia powered by xAI, when it came to specific, but controversial topics related to Iran or the Holocaust. As seen in the's report, ChatGPT used Grokipedia as a source for claims about the Iranian government being tied to telecommunications company MTN-Irancell and questions related to Richard Evans, a British historian who served as an expert witness during a libel trial for Holocaust denier David Irving. However, the noted ChatGPT didn't use Grokipedia when it came to a prompt asking about media bias against Donald Trump and other controversial topics. A study done by US researchers also showed that the AI-generated encyclopedia cited questionable and problematic sources.
How to claim Verizon's 20 credit for Wednesday's service outage
Apple's Siri AI will be powered by Gemini How to claim Verizon's $20 credit for Wednesday's service outage It isn't applied automatically, because of course it isn't. Verizon is offering a very small after Wednesday's massive outage, which drew more than 1.5 million reports on Downdetector and lasted hours. The carrier posted on X that it will offer a $20 credit, but customers must redeem it in the myVerizon app. This credit isn't meant to make up for what happened. No credit really can, the company wrote.
Official probe into massive Verizon outage uncovers likely trigger that cut service for thousands across US
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Verizon Outage Knocks Out US Mobile Service, Including Some 911 Calls
A major Verizon outage appeared to impact customers across the United States starting around noon ET on Wednesday. Calls to Verizon customers from other carriers may also be impacted. Customers of the telecom giant Verizon began reporting cellular outages around the United States beginning around noon ET on Wednesday, saying they could not complete calls and did not have access to mobile data. Verizon broadband internet customers are also reporting issues. AT&T and T-Mobile customers also began reporting service outages in the same timeframe, however these reports may be linked to the Verizon outage.
Verizon outage: Voice and data services down for many customers
Apple's Siri AI will be powered by Gemini Issues appear to be concentrated in the eastern United States. Verizon's network appears to be having technical issues that are impacting calls and wireless data. Users on X have reported seeing "SOS" rather than the traditional network bars on their smartphones, and even Verizon's own network status page is struggling to load. Based on the experience of Verizon users on Engadget's staff, the services that are impacted appear to be calls and wireless data. Text messages continue to be delivered normally.