SoftBank's CFO denies Elon Musk's claim of a turbine order breach: "Completely incorrect"
11 minutes ago
SoftBank Chief Financial Officer Yoshimitsu Goto responded today to Elon Musk’s allegation that SoftBank defaulted on turbine orders. On November 6, Musk posted on X, “SoftBank is defaulting on their turbine orders.” During an analyst Q&A session, someone sought comment from SoftBank on the matter. Goto stated: “We have absolutely no idea what he’s getting at, but this claim is completely wrong. There is no such default.” He also noted the company remains on track to advance its AI infrastructure. This stance aligns with earlier remarks from Scott Strazik, CEO of GE Vernova. Per prior reports, Morgan Stanley had queried GE Vernova whether it faced canceled turbine orders or financing issues from clients; Strazik replied “no,” adding he had not observed disruptions in customer financing, requests to withdraw turbine reservations, or slowed progress.
Nvidia’s pre-market gain on US stocks narrowed to 0.1%, erasing its earlier rise of more than 2%.
10 minutes ago
Anthropic Releases Claude Cost-Saving Guide: Start with lower-capacity model, upgrade to higher tier if tasks fail, slash costs by 41% while boosting accuracy
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Upbit adds WAVES to its investment warning list.
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Latest IPO prospectus for Anthropic revealed: Plans to issue 825 million shares at $70 to $78 per share
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SOL falls below $85, down 1.55% over the past 24 hours.
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