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SoftBank Reportedly In A Race to Complete $22.5bn OpenAI Funding by End of 2025

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SoftBank Group, the Japanese conglomerate led by billionaire CEO Masayoshi Son, is in a high-stakes sprint to fulfill a remaining $22.5 billion funding commitment to OpenAI by the end of 2025, leveraging a mix of asset divestitures, untapped borrowing facilities, and operational streamlining.

This aggressive maneuver, disclosed to Reuters by sources close to the matter, highlights the intensifying capital requirements in the artificial intelligence sector, where skyrocketing valuations and ambitious infrastructure projects are reshaping global tech investment landscapes.

The commitment forms part of a larger $30 billion pledge announced in April 2025, when SoftBank invested an initial $7.5 billion at OpenAI’s then-$300 billion valuation. OpenAI, the San Francisco-based pioneer behind ChatGPT, anticipates receiving the balance by December 31 as per contractual terms, despite not yet having the funds in hand. The infusion is contingent on OpenAI’s successful transition to a for-profit structure, achieved in October 2025—a move that positions the company for potential future public offerings amid its rapid growth.

Son, known for his bold bets through SoftBank’s Vision Funds, has framed this as a cornerstone of his vision to transform SoftBank into the “world’s No. 1 ASI (Artificial Superintelligence) Platform Provider,” as outlined in the company’s 2025 annual report. In a recent investor address, Son explained his decision to divest from high-performing assets like Nvidia, stating, “I didn’t want to sell a single share of NVDA, but I needed the money to invest in OpenAI and other opportunities. When superintelligence comes, at least 10% of global GDP will be replaced by AI and AI robots.”

This philosophy underpins SoftBank’s pivot toward AI dominance, even as it scales back broader dealmaking: Vision Fund investments now require Son’s personal approval for any deal over $50 million, effectively pausing non-AI activities. To marshal the necessary capital, SoftBank has executed several high-profile sales. It offloaded its entire $5.8 billion stake in Nvidia, the AI chip leader whose shares have surged amid the sector’s boom, and divested $4.8 billion in T-Mobile US holdings, retaining a 4% stake valued at approximately $11 billion as of September 30, 2025. Workforce reductions have also been implemented to conserve cash.

Looking ahead, the company is eyeing a partial exit from its investment in Didi Global, China’s ride-hailing giant, which is preparing for a Hong Kong relisting after a 2021 U.S. delisting due to regulatory pressures. A significant liquidity source lies in undrawn margin loans backed by SoftBank’s controlling stake in Arm Holdings, the British chip designer whose shares have tripled since its 2023 IPO.

SoftBank recently expanded this facility by $6.5 billion, bringing total undrawn capacity to $11.5 billion. As of September 30, SoftBank reported parent-level cash reserves of ¥4.2 trillion ($27.16 billion), providing additional flexibility alongside potential corporate bonds or bridge loans.

These mechanisms show the strain on even well-capitalized players in funding AI’s capital-intensive future. The urgency aligns with OpenAI’s escalating operational needs. Facing “code red” internal directives from CEO Sam Altman to enhance ChatGPT amid competition from Google’s Gemini—which has grown 3x faster in user engagement—OpenAI requires vast resources for model training and deployment. Altman has outlined ambitions for 30 gigawatts of computing capacity at a cost of $1.4 trillion, with goals to add 1 gigawatt weekly, each carrying a $40 billion price tag.

Current annualized revenue stands at around $20 billion, with profitability eyed for 2030, creating a yawning funding gap. Central to this is the Stargate project, a $500 billion joint venture announced in January 2025 between OpenAI, Oracle, SoftBank, and others to build U.S.-centric AI data centers. By July, Oracle committed to 4.5 gigawatts of additional capacity, and in September, five new sites were revealed, putting Stargate on track to meet its 10-gigawatt target by year-end.

The initiative, starting with a flagship facility in Abilene, Texas, aims to counter geopolitical risks, including U.S.-China tech tensions, and support national AI ambitions. Michigan was selected in November for a multi-billion-dollar site, with construction slated for early 2026. SoftBank’s involvement extends to a November 2025 joint venture with OpenAI, “SB OAI Japan,” focused on “Crystal Intelligence” for corporate transformation.

This deal comes amid a broader AI investment frenzy. OpenAI’s valuation has ballooned, with recent talks—potentially involving Amazon—pushing it toward $830-900 billion, tripling from April and yielding substantial paper gains for early backers like SoftBank. However, concerns mount over an “AI bubble”: hefty capital outlays by hyperscalers like Meta (committing unprecedented sums to data centers) raise questions about returns if adoption lags.

SoftBank’s history adds scrutiny—its Vision Fund, once valued at $100 billion, has faced losses from bets like WeWork, though AI-focused recoveries via Arm and others have bolstered its recovery. Market reactions have been mixed. SoftBank shares dipped modestly post-announcement, reflecting investor wariness over leverage, but analysts point to potential upsides.

Meanwhile, SoftBank continues selective AI investments, including in startups like Sierra and Skild AI—the latter potentially raising over $1 billion at a $14 billion valuation with Nvidia’s involvement.

How to Fix IP Ban on Instagram: Full Troubleshooting Guide

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If Instagram suddenly stops working, won’t load, or won’t let you in, it’s usually not your account that’s the problem; it’s the IP address you’re using. An IP ban occurs when Instagram determines that your internet connection is untrustworthy and temporarily blocks access from that network.

For most users, this shows up out of nowhere and can be really confusing, especially when the account looks perfectly fine on another connection.

In this guide, I’ll tell you what leads to an Instagram IP ban, how to fix it step by step, and what actually works.

What Causes an Instagram IP Ban

Instagram flags an IP address when a connection starts acting suspiciously. Most of the time though, the problem lies with how the network’s being used, not the actual account in question.

  • You’re doing way too much on the platform all at once – liking, following, commenting, or constantly refreshing pages
  • Trying to manage several Instagram accounts from the same IP address
  • Using third-party tools, whether that’s automation, bots, scrapers or anything else that’s too aggressive
  • Constantly switching between Wi-Fi, mobile data, or frequently changing locations (be it a VPN or a new spot)
  • Using a free VPN, some crowded proxy services, or some unstable shared IP addresses from public Wi-Fi
  • Suddenly having a ton of activity on a brand new account before you’ve even got a chance to build up some trust with Instagram

Step-by-Step: How to Fix This Error

Most of the time, an Instagram IP ban is temporary, and it does not require any complex repairs. Use the steps below in order.

Change Your IP Address First

The fastest way to restore access is to switch to a clean network. Moving from Wi-Fi to mobile data or restarting your router to get a new IP is often enough, and it’s usually the first step people take when learning how to fix IP ban on Instagram.

Log Out and Take a Short Break

After changing the IP, log out of Instagram on every device. Wait at least 12-24 hours before doing anything on the account. Likes, follows, comments, and messages are to be avoided during this cooldown to allow Instagram to reset its trust signals.

Stop using VPNs and Public Networks

Open Wi-Fi and free VPNs rely on shared IPs, which Instagram already considers unsafe. During the process of fixing the issue, you should stop using one right away and switch to a personal, trustworthy connection.

Clear App Data or Reinstall Instagram

The Instagram app can preserve old session data that leads to errors even after the IP has been fixed. If you are on a browser, clear the cache of the app, reinstall Instagram, or reset cookies to open a new session.

Try a Different Device or Browser

It can be useful to log in using another phone, tablet, or browser so that Instagram can generate a new session associated with the clean IP rather than the blocked one.

Complete Any Security Checks

In case Instagram sends a login notification or verification via email or SMS, fill it in and attempt again. Any failure to take these steps can postpone access or trigger another block.

Proxy-Based Solutions

If your internet connection keeps getting blocked by Instagram, you might not be able to rely on it for your regular browsing. Using a proxy can be a lifesaver. Proxies work by routing your connection through a different IP address. If the IP is clean and stable, Instagram treats it as normal traffic, rather than flagging it for suspicious behavior.

  • Residential proxies (safest option) – They use real home IP addresses from internet service providers. They’re okay for logging in, posting and generally using your account without any issues.
  • ISP proxies (balanced option) – ISP proxies are hosted on servers but registered with internet providers. They generally offer a better experience in terms of speed than residential proxies and are still legitimate to Instagram.
  • Avoid free or shared proxies – Crowded proxy pools and free proxies frequently reuse IPs with a negative reputation. The risk of immediate bans is increased when they are used.
  • One proxy per account – If you only assign one proxy to one Instagram account, you avoid the problem of Instagram getting confused and one of them getting flagged.

Prevention Tips

Fixing an IP ban is only half the job. The real goal is making sure it doesn’t happen again. Most repeat bans come from the same mistakes being repeated.

  • Slow down all activity – Spread likes, follows, comments, and DMs throughout the day.
  • Stick to one stable connection – Avoid switching between Wi-Fi, mobile data, VPNs, and different locations too often.
  • Limit accounts per IP or proxy – Running multiple accounts on the same connection increases risk.
  • Avoid aggressive automation – Tools that ignore limits or force fast actions are easy for Instagram to detect.
  • Warm up new accounts properly – Build the profile, post normally, and increase activity gradually over time.
  • Watch for early warning signs – If actions start failing or slowing down, stop immediately and give the account a break.

Summary

An Instagram IP ban almost always means that the network you’re using has set off some alarms. Most of the time, the problem is caused by some sort of high activity, a suspicious shared IP address, or a network you’re using keeps changing. Switching over to a clean connection and giving your account a chance to cool down usually sorts the problem out pretty quickly.

The way to avoid getting blocked in the first place is to be consistent. Try and use the same stable network as much as possible, keep your activity at a level that looks like a normal person’s and steer clear of any tools that are trying to push the limits.

North Korean hackers Stole at Least $2.02 Billion in Cryptocurrency in 2025

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The Democratic People’s Republic of Korea (DPRK) continues to pose the most significant nation-state threat to cryptocurrency security, achieving a record-breaking year for stolen funds despite an assessed dramatic reduction in attack frequency.

A report by Chainalysis reveals that North Korean hackers stole $2.02 billion in cryptocurrency in 2025, a 51% year-over-year increase, pushing their all-time total to $6.75 billion despite fewer attacks.

North Korean threat actors are increasingly achieving these outsized hacks often by embedding IT workers one of DPRK’s principal attack vectors inside crypto services to gain privileged access and enable high impact compromises.

Fueled in large part by the historic $1.5 billion breach of Dubai-based exchange Bybit in February the largest single heist on record these sophisticated operations highlight Pyongyang’s growing reliance on cyber theft to bypass international sanctions and fund its nuclear and missile programs, as noted by the United Nations and U.S. authorities.

With fewer but far more impactful attacks, often involving social engineering, insider infiltration, and targeted compromises of centralized platforms, North Korea has solidified its position as the dominant force in high-stakes crypto crime, pushing its cumulative known thefts since tracking began to approximately $6.75 billion.

While no major incidents were publicly reported in January, the year saw significant escalations in high-value thefts and broader espionage.

In February 2025, the largest single crypto heist in history occurred on February 21, when hackers stole approximately $1.5 billion in Ethereum from the Dubai-based exchange Bybit. U.S. authorities, including the FBI’s Internet Crime Complaint Center (IC3), attributed this to North Korea, citing the exploitation of vulnerabilities in third-party software. This incident alone accounted for a significant portion of the year’s total thefts and highlighted North Korea’s advanced capabilities in targeting centralized exchanges.

In April, North Korean cyber espionage expanded beyond crypto, with reports of increased infiltration targeting European defense and government sectors. This included attempts to steal sensitive technology and intelligence, potentially to support missile programs.

While not a direct “hack” in the theft sense, these operations violated UN sanctions and marked a broadening of North Korea’s cyber strategy.

On November 27, South Korea’s Upbit exchange suffered a $30–36 million theft from its Solana hot wallet, draining assets like SOL, USDC, BONK, JUP, and others. Forensic analysis linked the attack to North Korea’s Lazarus Group, noting similarities to their 2019 Upbit hack (including the exact anniversary timing).

South Korean authorities launched an on-site investigation, and Upbit committed to full user reimbursement from its reserves.

– December: Early-month reports confirmed North Korea’s role in the Upbit incident, with experts noting it as part of a pattern targeting South Korean exchanges.

Broader discussions highlighted North Korea’s exploitation of Android zero-days to target crypto exchanges and IT engineers, alongside a major exposure of 400,000 secrets in the “Shai Hulud 2.0” attack (though direct attribution to North Korea was not confirmed).

By mid-December, Chainalysis released its annual report, quantifying the $2 billion+ in 2025 thefts and noting Amazon’s blocking of 1,800 fake North Korean IT workers as part of broader countermeasures. Speculation arose about potential large-scale infrastructure attacks, but no confirmed incidents occurred by December 20.

Overall, 2025’s activities were dominated by crypto-focused hacks, with the Bybit and Upbit incidents standing out. Other thefts likely filled the gap to reach the $2 billion total, but details remain sparse due to the covert nature of these operations.

Telecom Italia Secures €1 Billion Windfall in Decades-Old Dispute, Bolstering Turnaround Efforts

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In a landmark victory capping a legal saga that has spanned nearly three decades, Telecom Italia (TIM), Italy’s former telecommunications monopoly, has won a final ruling from the country’s Supreme Court entitling it to a reimbursement of approximately €1 billion ($1.2 billion) from the Italian government.

The decision, confirmed by TIM in a statement on Saturday, resolves a contentious dispute over a 1998 concession fee imposed during the liberalization of Italy’s telecom sector, providing a much-needed financial lifeline to the debt-burdened company amid ongoing restructuring. The origins of the case trace back to 1997, when Italy deregulated its telecommunications market, shifting from a monopolistic framework to open competition.

Despite this, TIM—then operating as Telecom Italia and its mobile arm TIM Mobile—was required to pay a license fee of €528.7 million in 1998, comprising €385.9 million for Telecom Italia and €142.8 million for TIM Mobile. The company argued the fee was illegitimate post-deregulation and sued the state for recovery. Lower courts ruled in TIM’s favor, ordering repayment, but the government appealed, prolonging the battle through multiple judicial levels until the Corte di Cassazione, Italy’s highest court, upheld the reimbursement on December 20, 2025.

The awarded sum is roughly double the original fee, inflated by revaluation and accrued interest over the years. Sources familiar with the matter, as reported by Reuters and Bloomberg, emphasized that the ruling makes the repayment binding, ending what has been described as one of Italy’s most protracted corporate litigations. TIM’s official confirmation aligned with these accounts, though the company has yet to release a detailed press statement on its website.

Financially, the windfall arrives at a critical juncture for TIM, which has grappled with substantial debt and operational challenges in recent years. As of June 30, 2025, the group’s adjusted net financial debt after lease stood at €7.5 billion, stable from prior quarters but reflective of broader pressures in a mature, competitive market. The company reported a net loss of €132 million for the first half of 2025, an improvement from previous periods, with revenues and earnings showing upward trends—bolstered by a positive operational cash flow of €482 million.

TIM halted dividend payments in 2022 to conserve cash amid these strains, but the reimbursement is poised to facilitate their resumption. A key strategic implication of the payout is the acceleration of TIM’s plan to dismantle its dual-class share structure. Savings shares, which guarantee holders a minimum dividend and represent about 28% of the company’s capital, have been a costly legacy feature.

CEO Pietro Labriola, who has spearheaded the company’s turnaround since taking the helm, views the funds as instrumental in phasing out these shares through conversion to ordinary stock. Two sources with knowledge of the matter indicated that the board could discuss this conversion as early as its meeting on December 29, 2025. Analysts suggest this move would simplify TIM’s capital structure, reduce financial burdens, and enhance its appeal to investors.

The ruling’s broader context underscores TIM’s ongoing restructuring efforts. In 2025, the company advanced a major asset sale, divesting a stake in its fixed-line network (Netco) to U.S. private equity firm KKR, a transaction aimed at slashing debt and funding 5G expansions. This deal, part of a wider strategy to streamline operations, has been hailed as a pathway to long-term consolidation in Europe’s telecom sector.

Labriola has publicly welcomed potential M&A activity among rivals, stating in November 2025 that such moves could create a “more balanced and rational” market. Recent analyst upgrades, including from Deutsche Bank in October 2025, have driven TIM’s stock up 6.8% at times, citing evidence of improved free cash flow and sector-wide consolidation prospects.

Market reaction to the court decision has been muted so far, likely due to the ruling falling on a Saturday, with European markets closed over the weekend. Historical precedents offer clues: In January 2025, TIM shares rose modestly by 0.5% after an appeals court rejected a government request to suspend the payment, while a May 2025 delay in proceedings triggered a 5.7% drop.

On the government side, officials have downplayed fiscal fallout. The 2026 budget already earmarks €2.2 billion for national and EU litigation costs, insulating Italy’s push to trim its budget deficit below 3% of GDP. This allocation reflects Rome’s anticipation of adverse rulings in various disputes, ensuring the TIM payout won’t derail broader economic goals.

Given TIM’s financial troubles, the reimbursement that comes with this ruling not only injects vital capital but also signals progress in addressing legacy issues, enabling the company to focus on growth. Analysts expect updates from the December 29 board meeting, which could outline concrete steps toward share conversion and dividend revival.

Trump Administration Targets Diversity Visa Lottery After Brown University Attack, Rekindling Long-Running Immigration Crackdown

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The Trump administration is moving to clamp down on the U.S. diversity visa lottery program, linking the policy shift to a fatal attack connected to a recipient of the scheme, in what critics describe as the latest use of a violent incident to justify a broader tightening of legal immigration.

The move followed confirmation on Thursday that the suspect in a shooting at Brown University, Claudio Neves Valente, a 48-year-old Portuguese national, had obtained permanent U.S. residency through the diversity visa program. Hours after authorities said Neves Valente was found dead in New Hampshire, Homeland Security Secretary Kristi Noem announced that her department would pause processing diversity visa applications, calling the program “disastrous.”

“To ensure no more Americans are harmed,” Noem said in a post on X, the Department of Homeland Security would halt processing tied to the lottery. She added that Neves Valente “should never have been allowed in our country,” though she did not cite any evidence that he posed a known security risk at the time of his entry in 2017.

The immediate scope and legal reach of the pause remained unclear on Friday. Most diversity visa applicants apply from outside the United States, and the program is administered primarily by the State Department rather than DHS. A department spokesperson nonetheless said the program posed a threat to public safety and that officials were working “to put in place all necessary measures,” without detailing what those measures would involve or how long any suspension might last.

The announcement fits into a broader pattern since Trump returned to the White House in January, having pledged to impose sweeping restrictions on both legal and illegal immigration. In late November, after an Afghan national was accused of attacking U.S. National Guard members, the administration rapidly rolled out new curbs, including halting Afghan immigration processing, ordering reviews of approved asylum cases, and expanding an existing travel ban to cover roughly 20% of countries worldwide.

Administration officials have framed these steps as necessary national security measures. Immigration advocates say they show a consistent strategy of leveraging isolated criminal cases to advance long-standing goals of reducing lawful immigration pathways.

Reuters quoted Jorge Loweree, a managing director at the American Immigration Council, saying the same pattern was now playing out with the diversity visa lottery.

“This isn’t about any one individual,” Loweree said. “What we’re seeing is this administration using these cases, these stories, as a pretext to their own end, which is to target people from countries that they deem to be undesirable.”

The diversity visa program, created by Congress in 1990, makes up to 55,000 immigrant visas available each year to applicants from countries with historically low levels of immigration to the United States. Winners are selected through a lottery system and, once approved, can obtain permanent residency and eventually U.S. citizenship.

The program has long been defended by supporters as a way to broaden the geographic makeup of U.S. immigration, particularly benefiting applicants from parts of Africa, Eastern Europe, and Central Asia.

Trump has opposed the program for years. During his first term, he repeatedly called for its elimination, most notably after a 2017 vehicle-ramming attack in New York City carried out by an Uzbek national who had entered the U.S. through the lottery. That attacker, Sayfullo Saipov, was sentenced in 2023 to eight consecutive life terms.

In the current case, authorities say Neves Valente entered the U.S. in 2017, during Trump’s first presidency. Officials have not indicated that he was flagged for security concerns at the time. He was found dead on Thursday night in a storage facility in Salem, New Hampshire, and is also suspected in the killing of a Massachusetts Institute of Technology professor, Nuno Loureiro, two days after the Brown University shooting. Neves Valente had attended Brown more than 20 years ago and was a former classmate of Loureiro in Portugal.

Data from the State Department, published by Reuters, indicates how rare Portuguese participation in the program has been. Only 118 Portuguese nationals have entered the U.S. through the diversity visa lottery in the past decade. By contrast, the largest recipients in fiscal year 2024 were Nepal, Uzbekistan, Kenya, Egypt, and Russia, with about 41% of diversity visa recipients coming from African countries.

The administration’s move also comes amid existing uncertainty around the program. Even before details of the Brown University suspect’s immigration status became public, registration for the fiscal year 2027 diversity visa lottery, which typically opens in October, had already been delayed. The State Department said in November that changes to the program would push back registration to an unspecified date.

That delay, combined with Noem’s announcement, has heightened concern among immigration lawyers and advocates that the administration may be laying the groundwork for a more permanent rollback, potentially inviting legal challenges given that the program is mandated by Congress.

Now, the episode has reignited a familiar debate in Washington: whether violent acts by individuals should drive broad immigration policy, and whether the diversity visa lottery, a small but symbolically charged program, will once again become a casualty of that fight.