Thursday, July 2
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Topic: debt-financing

SoftBank founder and CEO Masayoshi Son speaking on stage
New Companies
Thursday, 7/2, 03:44 AM

SoftBank Revives a $10 Billion Loan Backed by Its OpenAI Stake

  • SoftBank shares rose after a report that the Japanese group has reopened talks with major banks for a roughly $10 billion loan secured by its stake in OpenAI — adding a corporate guarantee to ease lenders' worries.
  • It is a window into how the enormous AI buildout is increasingly being financed with debt.

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