Topic

Softbank bond fuels rally, scams

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SoftBank issued an $11 billion bond to finance massive AI investments, while analysts predicted a robot-driven stock rally and journalists warned AI was supercharging stock scams.

Reposted by Iikka Korhonen

10%
AI-fuelled tech sector now accounts for more than half of the S&P500 market capitalisation
• Hyperscalers are biggest bond issuers and major infrastructure projects are mostly data centres
• Even Treasuries are part of AI trade as extra power demand fuels inflation
www.bloomberg.com/news/feature...
September 25, 2026 at 11:00 AM
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“A group of people have tried to make the matter personal for Trump, emphasising to him that his bank accounts and family fortune could disappear overnight if advanced AI hacked the financial system.”
Maga base recoils as Donald Trump goes all-in on AI
US president’s Big Tech boosterism is alienating once-loyal supporters just weeks ahead of the midterms
www.ft.com
September 25, 2026 at 7:56 AM

Reposted by Jože P. Damijan

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Reposted by Greg Linden

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SoftBank pays steep price for record bond sale to fund OpenAI bet ft.trib.al/9vmnT3b
SoftBank pays steep price for record bond sale to fund OpenAI bet
Masayoshi Son’s group pays yields of up to 9.75% to raise more than $11bn in the largest junk bond offering on record
ft.trib.al
September 24, 2026 at 7:57 PM
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🏛️ What is 'sovereign AI', exactly?

Computer Weekly asks what we mean by 'sovereign AI', a phrase now heard in UK datacentre pitches.

🔗 computerweekly.com/opinion/What-do-we-mean-by-sovereign-AI

#SovereignAI #UKTech
What do we mean by sovereign AI? | Computer Weekly
Everyone, it seems, now wants "sovereign AI". The UK government has launched a £500m Sovereign AI fund to back British artificial intelligence (AI) startups. Cloud providers advertise it. Industry ana...
computerweekly.com
September 24, 2026 at 6:17 PM

Reposted by Susan E. Rice

1%
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What a gamble.
The AI build-out is on track to become the biggest economic bet in U.S. history, dwarfing the investments made to fund other huge U.S. infrastructure projects such as the railroads, the highway system and the plumbing for the internet.
www.wsj.com/economy/the-...
The AI Build-Out Is Becoming the Biggest Economic Bet in U.S. History
Data-center spending is greater than that for canals, railroads and grid combined—creating jobs and stock-market wealth, while boosting inflation and crowding out housing.
www.wsj.com
September 24, 2026 at 2:28 PM
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It is a profound indictment of most media coverage of Big Tech that your best bet for getting an informed understanding of AI and its dangers is following a decently curated list of Bluesky shitposters
September 24, 2026 at 2:25 PM
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New data and new paper! The new AI investments data introduce 7 AI subtechnology categories: general AI, machine learning, natural language processing, computer vision, generative AI, agentic AI, and other AI, and builds firm-level AI panels through 2024. Links in comments.
September 24, 2026 at 1:41 PM

Reposted by Stephen A. Meserve

2%
My @wsj.com colleagues put AI-related spending in context with America's earlier large infrastructure buildouts. It's massive. (Gift link.)

www.wsj.com/economy/the-...
The AI Build-Out Is Becoming the Biggest Economic Bet in U.S. History
Data-center spending is greater than that for canals, railroads and grid combined—creating jobs and stock-market wealth, while boosting inflation and crowding out housing.
www.wsj.com
September 24, 2026 at 1:05 PM
2%
Place your bets!

"The AI build-out is on track to become the biggest economic bet in U.S. history, dwarfing the investments made to fund other huge U.S. infrastructure projects such as the railroads, the highway system and the plumbing for the internet."
September 24, 2026 at 1:05 PM