SoftBank eyes up to $40 billion loan to fund OpenAI investment, Bloomberg News reports
March 6 : Japanese conglomerate SoftBank is seeking a loan of up to $40 billion, primarily to finance its investment in ChatGPT-maker OpenAI, Bloomberg News reported on Friday, citing people familiar with the matter. The bridge loan would hold a roughly 12-month tenor, Bloomberg reported, with four lenders,
6 Mar 04:27 · CNA