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Reports Indicate Halt in Negotiations for SoftBank's $6 Billion Margin Loan Bid
21 hour ago /
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Author：小编
Insiders with knowledge of the situation reveal that SoftBank Group had intended to leverage its shares in OpenAI as collateral to obtain a margin loan of no less than $6 billion. The conglomerate had successfully secured approximately $5 billion in funding pledges earlier. However, discussions with prospective lenders have come to a standstill at present. It remains ambiguous whether these funding pledges were conveyed verbally or documented in writing, adhering to the formalities commonly observed in financial agreements.
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