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SoftBank Seeks Another $10 Billion Loan for OpenAI Stake Funding

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SoftBank Group Corp. is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI, according to people familiar with the matter.

SoftBank Group Corp. is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI, according to people familiar with the matter.
SoftBank (ORG) OpenAI Stake Funding SoftBank Group Corp. (ORG) US (LOCATION)
Originally published by Bloomberg Technology Read original →