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SoftBank seeks a second $10bn loan against its OpenAI stake — Blankdot

thenextweb.com3 weeks ago

SoftBank seeks a second $10bn loan against its OpenAI stake

SoftBank seeks a second $10bn loan against its OpenAI stake

SoftBank is seeking a further $10bn loan to fund its OpenAI stake, Bloomberg reported on Friday. It closed a loan of exactly that size, secured against the same asset, 22 days earlier. TNW has not independently verified the report and could not review its full terms, so what follows sets the…

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