SoftBank Aims to Secure $40 Billion Loan for OpenAI Investment
4 day ago / Read about 0 minute
Author:小编   

According to reports, SoftBank Group is in the process of seeking a substantial loan, potentially reaching up to $40 billion, with the primary intention of investing in OpenAI. Should this endeavor materialize, it would represent the most significant pure US dollar borrowing ever undertaken by SoftBank in its history. The loan is set to be jointly underwritten by four prominent financial institutions, among which is JPMorgan Chase. It is anticipated that the loan term will span approximately 12 months, although negotiations are still actively underway.