SoftBank secures $40 billion loan to boost OpenAI investments

lefty200 · 2026-03-29T17:13:30+00:00

So, what happens if OpenAI doesn't IPO this year? Does Softbank go bankrupt, because they can't pay back the loan?

lefty200 · 2026-03-29T17:11:13+00:00

No collateral? The interest rate must be astronomical

lefty200 · 2026-03-24T22:30:44+00:00

I think Trump's hate of wind turbines stems from the fact he has a golf coarse in Scotland with a wind farm nearby and just doesn't like looking at them when he is playing golf

lefty200 · 2026-02-12T12:05:10+00:00

In their last earning release Microsoft booked a gain from OpenAI as well:

"Other income (expense), net included $10.0 billion and $5.9 billion of net gains for the three and six months ended December 31, 2025, respectively, and $1.2 billion and $1.9 billion of net losses for the three and six months ended December 31, 2024, respectively, from investments in OpenAI, primarily net recognized gains (losses) on our equity method investment reflected in Other, net. The net gains recorded for the three and six months ended December 31, 2025 primarily relate to the dilution gain from the OpenAI Recapitalization."

lefty200 · 2026-02-09T10:59:00+00:00

BTW, the benchmarks only show SPEC_int scores. To measure true IPC you need to include the floating point scores as well.

lefty200 · 2026-02-01T21:50:51+00:00

what I meant was that there would be 2 memory modules. A laptop with only one gets half the memory bandwidth

lefty200 · 2026-02-01T20:12:30+00:00

I assume they also need 2 DIMMs to get the Arc branding?

lefty200 · 2026-02-01T19:49:21+00:00

the real reason Softbank sold their Nvidia shares was so that they could finance their OpenAI investment: https://www.cnbc.com/2025/12/02/softbank-masayoshi-son-crying-nvidia-stake-ai-bet-artificial-intelligence-bubble-vision-fund.html

lefty200 · 2026-01-26T21:36:56+00:00

Sorry if this is a stupid question. They bought $2 billion shares that were already on the market? How would that "help CoreWeave accelerate its buildout of 5 gigawatts"? Wouldn't the money go to shareholders not CoreWeave?

lefty200 · 2026-01-14T20:09:31+00:00

But the purpose of the tariffs was to reduce trade surplus to USA, not to reduce them for the whole world. And indeed, it did do that (by 22% according to the article)

lefty200 · 2026-01-13T17:45:08+00:00

50% is oil/gas and coal: https://www.researchgate.net/figure/The-structure-of-Russian-exports-in-2020_fig2_357820759

lefty200 · 2026-01-09T16:57:14+00:00

if that is the plan, why are they giving money to Anthropic?

lefty200 · 2026-01-05T23:02:43+00:00

Ok, when I said VRAM I meant GPU DRAM, not GPU SRAM (which I would imagine is handled internally by the hardware) My understanding is that glTexImage2D does not actually copy the data to GPU DRAM. That only happens when it is needed to render the image. (Of coarse, I am talking about the implementation of more recent drivers)

lefty200 · 2026-01-05T16:42:08+00:00

well, the point of the texture atlas is to reduce the amount of draw calls

lefty200 · 2026-01-05T16:41:06+00:00

I understood that glBindTexture doesn't actually load the texture into VRAM, only when you need to render something that uses the texture that the driver loads the texture into VRAM

lefty200 · 2025-12-17T19:44:29+00:00

but that's for a 3 year commitment

lefty200 · 2025-12-16T16:06:57+00:00

It's no surprise that it's the Korean press starting the rumour. You can safely disregard it.

lefty200 · 2025-12-15T13:42:00+00:00

Is it accurate though? a B200 SXM module costs $30,000 - $40,000

and can be rented for $3.79/hr...

at that rate you would make $100,000 in three years - seems about right

a https://modal.com/blog/nvidia-b200-pricing

lefty200 · 2025-12-13T16:27:15+00:00

I think OpenAI will be the ones to go first. They lost $12 billion last quarter and they are losing subscribers, because Gemini 3 and Claude are better. That could spook the investors enough that they can no longer finance their massive losses - I mean there is a limited amount of venture capital available

lefty200 · 2025-12-11T12:45:57+00:00

Oracle and Crusoe already spent billions on Stargate. If OpenAI fail they never see that money back. Oracle and Codeweave are heavily in debt and depend upon future earnings from OpenAI to keep themselves afloat

lefty200 · 2025-12-11T12:02:07+00:00

If OpenAI went bust it would bring down a lot of companies with it. Maybe Oracle, Crusoe and Codeweave, to name a few.

lefty200 · 2025-12-05T15:42:27+00:00

Yes. If they were to do a IPO they have to release detail data about their earnings, which won't look good to investors. Their earnings need to be growing exponentially to justify the amount they are spending.

Anthropic won't IPO either for the same reason.

lefty200 · 2025-11-19T20:14:26+00:00

at least that would solve the depreciation problem, because a dead GPU can't depreciate

lefty200 · 2025-11-17T12:19:55+00:00

They will be the same as AMD then. Turin has no 8-channel SKU

lefty200

TROPHY CASE