SoftBank Releases Record-Breaking High-Yield Bonds, as Investors Zero in on Concentration Risk in Son Masayoshi’s AI Gamble
2 day ago / Read about 0 minute
Author:小编   

Japan's SoftBank Group has issued US$11 billion worth of junk bonds, committing to pay an unprecedentedly high yield, a move that underscores the immense pressure faced by CEO Son Masayoshi. The market is expressing concerns over a potential bubble in AI investments, and Son Masayoshi is under scrutiny to demonstrate that his strategy of heavily investing in AI can yield substantial returns. SoftBank has already poured around US$65 billion into OpenAI and intends to keep raising capital through avenues such as issuing junk bonds. Furthermore, SoftBank has established a joint venture with OpenAI and has expedited its strategic positioning in sectors like AI chips and data centers.