SoftBank Group Corp. is seeking a $10 billion loan secured by its shares in US artificial intelligence giant OpenAI, people familiar with the matter said, as it takes on more debt for its push into AI.
SoftBank Group Corp. is seeking a $10 billion loan secured by its shares in US artificial intelligence giant OpenAI, people familiar with the matter said, as it takes on more debt for its push into AI.
Signage for SoftBank Corp. displayed at a store in Tokyo, Japan, on Thursday, May 1, 2025. SoftBank Group is scheduled to release earnings figures on May 13. Photographer: Akio Kon/Bloomberg