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#financing
Stories connected through a shared idea, actor, technology or theme.
Hut 8 secures $1.07 billion facility for AI infrastructure expansionThe facility provides $1.07 billion of committed liquidity and includes a letter-of-credit sublimit for interconnection deposits, site development and equipment obligations. Hut 8 said the financing supports its River Bend and Beacon Point AI data-centre projects.→SoftBank launches $11 billion bond sale to fund OpenAI investmentReuters reported that SoftBank’s proposed bond sale would fund a planned $10 billion payment for a further OpenAI investment. If completed at the planned size, it would rank among the largest corporate bond offerings in Asia-Pacific and globally this year.→Anthropic reportedly expects another profitable quarterAnthropic told investors it expects adjusted operating income to remain positive for a second straight quarter, the Financial Times reported through Reuters coverage. The claim is a reported investor update rather than an audited public result from Anthropic.→