Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › SoftBank Secures $10 Billion Margin Loan Backed by OpenAI Stake
Technology

SoftBank Secures $10 Billion Margin Loan Backed by OpenAI Stake

Bloomberg Technology Thursday 06 August 2026, 09:38 UTC By Aileen Chuang 1 min read
Key Points

SoftBank Secures $10 Billion Margin Loan Backed by OpenAI Stake SoftBank Group Corp. has secured a $10 billion margin loan backed by its stake in US tech giant OpenAI, marking another fundraising milestone in its bet on artificial intelligence. The company entered into an agreement with Goldman Sachs Bank USA, JPMorgan Chase Bank NA, Mizuho Securities USA LLC, Apollo Global Funding LLC and Sumitomo Mitsui Banking Corp. for the two-year loan on Wednesday, SoftBank said in its latest financial...

SoftBank Secures $10 Billion Margin Loan Backed by OpenAI Stake SoftBank Group Corp. has secured a $10 billion margin loan backed by its stake in US tech giant OpenAI, marking another fundraising milestone in its bet on artificial intelligence. The company entered into an agreement with Goldman Sachs Bank USA, JPMorgan Chase Bank NA, Mizuho Securities USA LLC, Apollo Global Funding LLC and Sumitomo Mitsui Banking Corp. for the two-year loan on Wednesday, SoftBank said in its latest financial report. The financial institutions are the mandated lead arrangers for the loan, which the borrower plans to draw down this month, it added.
SoftBank Secures (ORG) OpenAI Stake SoftBank Secures (ORG) OpenAI Stake SoftBank Group Corp. (ORG) US (LOCATION) Goldman Sachs Bank USA (ORG) JPMorgan Chase Bank NA (ORG) Mizuho Securities USA LLC (ORG) Apollo Global Funding LLC (ORG) Sumitomo Mitsui Banking Corp. (ORG) SoftBank (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Two Fossil Fuel Companies Are Betting Big on Data Centers

It’s been a banner year for oil and gas companies. Some of the world’s biggest oil giants have announced billions of dollars in quarterly profits over the past two weeks, boosted largely by the soaring price of oil thanks to the conflict in the Middle East. But the artificial intelligence boom is also giving fossil fuel companies a new industry to sell their gas, pipelines, and power plants to: data centers.

Wired 13m ago

Shark PowerDetect Speed Review (2026): Light and Powerful

If you're looking for a great cordless vacuum, there’s one recommendation you’re likely to find on almost every page of the internet: the Shark PowerDetect. And that’s for good reason. When I tested the Shark PowerDetect against the Dyson Gen5Detect earlier this year, the Shark won in overall test results.

Wired 13m ago

SpaceX Lockup Expiration to Free $101 Billion in Stock

Aug 6th, 2026 SpaceX Lockup Expiration to Free $101 Billion in Stock Investors are bracing for the next potential hit to SpaceX shares when $101 billion worth of stock becomes available for trading on Thursday with the scheduled ending of a lockup agreement restricting insider share sales. Leen Al-Rashdan reports on Bloomberg Television.

Bloomberg Technology 19m ago

Chinese AI ‘tail-tracking’ robot delivers needle-free pig vaccinations with 93% accuracy

Chinese AI ‘tail-tracking’ robot delivers needle-free pig vaccinations with 93% accuracy Beijing researchers combine artificial intelligence and a six-axis robotic arm to automate swine vaccinations While eating, a pig may not notice the machine approaching from behind before the robot uses a camera to locate the base of the pig’s tail before delivering a needle-free vaccine injection into its buttock. Vaccination is a routine task, with breeding pigs requiring multiple injections during...

South China Morning Post 20m ago