softbank

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japantimes.co.jp

finance2 hrs agoDeveloping

SoftBank Seeks $10 Billion Margin Loan Secured by OpenAI Shares

SoftBank is pursuing a $10 billion two-year margin loan backed by its holdings in OpenAI to support its AI investments. The loan includes an option for a one-year extension. This move adds to SoftBank's growing debt as founder Masayoshi Son aims to lead in the global AI sector.

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