Experts say recent market corrections may reflect investors taking a'more balanced approach', rather than it being a sign the entirety of the AI market is at risk. Experts say recent market corrections may reflect investors taking a'more balanced approach', rather than it being a sign the entirety of the AI market is at risk. Is this the beginning of the end of the AI stock market boom? The world is holding its breath as it waits to find out whether this year's estimated $US1tn investment in artificial intelligence is resting on a castle made of sand. Last week, the Nasdaq 100 - an index of the 100 biggest non-financial stocks on the American tech-heavy Nasdaq exchange - dropped by 5.5%, triggering the usual angst that the AI boom is about to go bust.

'This is an apartheid regime' Does Trump have real leverage over Netanyahu? How HSBC's Sharia fund invested millions in Israeli war-linked firms Share How HSBC's Sharia fund invested millions in Israeli war-linked firms on social media The United Kingdom's biggest so-called Sharia-compliant fund spent more than $130 million to buy shares in several companies linked to the Israeli military amid an ongoing genocide in Gaza, pogroms in the occupied West Bank, and occupation of southern Lebanon. HSBC, Europe's second-largest bank, invested the funds through its Islamic Global Equity Index Fund in companies linked to Israel's military supply chain - from components used in weapons to technology and equipment with military applications. The firms range from US tech giant Palantir to the world's second-largest arms company, RTX. Israel's genocidal war on Gaza has killed more than 74,300 Palestinians since October 2023, including nearly 1,500 killed since a "ceasefire" was agreed upon last year.

SoftBank junk bond sale raises stakes for CEO Son's all-in AI bet SoftBank Group Chairman and CEO Masayoshi Son's bets have a mixed track record -- his investment in Chinese tech giant Alibaba was a major success, but he also directed $16 billion to Adam Neumann's WeWork, which ultimately went bankrupt. SoftBank's promise to pay its highest-ever yields in a record $11 billion junk-bond offering highlights the pressure on CEO Masayoshi Son to secure returns on his all-in bet on artificial intelligence amid concerns about possible overheating in the market. The SoftBank debt issuance last month added to a sharp surge in corporate borrowing this year, including major bond sales from Amazon, Alphabet and Tencent. The scale of Son's investments, which include backing totaling $64.6 billion for ChatGPT maker OpenAI, in particular, has made the technology-and-investing conglomerate a bellwether for AI sentiment. In a time of both misinformation and too much information, quality journalism is more crucial than ever.

The IMF underlined the interconnected nature of big AI companies, and the high levels of borrowing being undertaken to fund investment in the sector. The IMF underlined the interconnected nature of big AI companies, and the high levels of borrowing being undertaken to fund investment in the sector. IMF warns global economy'could soon test the limits of resilience' The threat of an AI share price crash rippling out across global markets is putting world financial stability at risk, the International Monetary fund has warned. In its twice-yearly Global Financial Stability Report, the IMF highlighted the sky-high valuations for AI companies along with their increasing debt pile as one reason that risks in the system are "elevated". "The consequences of an AI correction could be global," it warned.

Craig Carton Questions Why A'ja Is Embarrassed About How She Was Raised | The Craig Carton Show Why Is A'ja Wilson Cosplaying She Grew Up On The Streets Of South Carolina, Craig Carton Wonders | The Craig Carton Show

Craig Carton Questions Why A'ja Is Embarrassed About How She Was Raised | The Craig Carton Show Why Is A'ja Wilson Cosplaying She Grew Up On The Streets Of South Carolina, Craig Carton Wonders | The Craig Carton Show

SoftBank Group Chairman and CEO Masayoshi Son speaks during an event in Tokyo in July. SoftBank Group seeks to raise as much as $100 billion from Gulf investors to help it amp up its bets on artificial intelligence (AI), the Financial Times (FT) reported, citing people familiar with the matter. Founder Masayoshi Son has held early talks with potential investors including those in the United Arab Emirates, the newspaper said. The proposed fund would buy companies and use AI and machines, including from SoftBank's robotics arm Roze, to improve operations, the FT said. Fundraising of that scale would fuel more spending by the tech investment firm, which has invested almost $65 billion in OpenAI ahead of the AI lab's public debut.

Under the One Big Beautiful Bill Act, data center projects in rural areas could be eligible for major tax benefits starting next year. Some hyperscalers do not seem eager to take the free cash. Welcome back to Power Play! Each week, senior writer Molly Taft tackles a topic around this midterm season's biggest issue: data centers. If you've got a question or thought for the column, feel free to shoot Molly an email at [email protected] or reach them securely on Signal at mollytaft.76.

Things to Do in L.A. Tap to enable a layout that focuses on the article. California's economic growth expected to continue, but slowly and with few jobs gains OpenAI's record-breaking $122-billion funding round in March underscores how AI investment is fueling California's economic growth. This is read by an automated voice. Please report any issues or inconsistencies here . See more from the L.A. Times in Google Search.

SoftBank Group has raised roughly $11 billion in debt, spread across dollars and euros, making the Japanese conglomerate the biggest corporate junk-bond borrower in the world. Billionaire Masayoshi Son's SoftBank Group has pushed through one of the largest junk-bond offerings on record, dangling yields above anything it's paid before in an effort to fund its massive artificial intelligence ambitions. The company raised roughly $11 billion in debt, spread across dollars and euros, making the Japanese conglomerate the biggest corporate junk-bond borrower in the world, data shows. While it drew enough demand to lower pricing, borrowing costs were still largely higher than it has had to pay before, according to the data. The firm sold $1 billion of 3.5-year bonds at a yield of 8.625% and $4.5 billion of 5.5-year securities at a yield of 9.25%, according to a person familiar with the matter. The longer-dated $4.5 billion 7.5-year tranche priced to yield 9.75%, the person added, asking not to be identified because they're not allowed to speak publicly.