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SoftBank Gets Upsized $11.9 Billion Loan in OpenAI Funding Push
Source: Bloomberg
Artificial IntelligencePrivate Markets & VentureFintech
SoftBank Group secured an $11.87 billion loan, exceeding its earlier $10 billion target, to support its investment in U.S. AI company OpenAI. The larger-than-planned financing underscores SoftBank's commitment to AI investment and provides additional capital for its OpenAI exposure.
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