SoftBank Seeks Another $10 Billion Loan To Fund Its Nearly $65 Billion OpenAI Investment
SoftBank is seeking a $10 billion loan to help fund its huge OpenAI investment and partly repay a $40 billion bridge loan. The new financing adds to SoftBank’s plans for up to $20 billion in bonds and a $6.3 billion retail bond sale as it prepares to invest nearly $65 billion in OpenAI.
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