SoftBank Obtains $11.87 Billion Loan to Bolster OpenAI Funding
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Author:小编   

On September 14, informed sources revealed that SoftBank Group Corp. has successfully secured a substantial loan of $11.87 billion, aimed at bolstering its investment in the renowned U.S. artificial intelligence firm, OpenAI. This amount surpasses the initial funding target of $10 billion. The two-year loan pact, which was finalized last week, drew participation from approximately 20 banks, reflecting strong market confidence in SoftBank's strategic vision.