SoftBank Group secured an upsized $11.9 billion loan from approximately 20 banks by September 15, 2026, exceeding its original $10 billion target to fund its investment in OpenAI.
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SoftBank Group Corp. secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI, people familiar with the matter said, up from its earlier target of $10 billion.
this outlet adds: financing, comes, executives, voicing, need, slow, pace, development
SoftBank secured an upsized $11.9 billion SoftBank OpenAI loan from about 20 banks, exceeding its $10 billion target to fund its OpenAI bet. # SoftBank # OpenAI # MasayoshiSon # AIInvestment # VentureCapital # Gemini # TechNews https:// securityexpress.info/softbank- openai-loan/?utm_source=mastodon&utm_medium=jetpack_social