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Softbank seeks record $40 billion loan to fund OpenAI stake
Softbank seeks record $40 billion loan to fund OpenAI stake

A $40 billion loan for a single bet on OpenAI. Softbank is taking what the AI industry has been doing for a while to its logical extreme: financing the boom on credit.
The article Softbank seeks record $40 billion loan to fund OpenAI stake appeared first on The Decoder.

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thenextweb
SoftBank wants to borrow $10 billion against its OpenAI stake. The spread t

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venturebeat
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venturebeat
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion

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What you need to know as Elon Musk's lawsuit against Sam Altman begins
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SoftBank reportedly slashes OpenAI-backed loan from $10 billion to $6 billion as lenders balk at private AI valuations
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