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Apollo Mulls Raising SoftBank Loan to $9 Billion for OpenAI Bets
Source: Bloomberg
Artificial IntelligenceCredit & Bond MarketsBanking & LiquidityPrivate Markets & Venture
Apollo Global Management is in discussions with SoftBank to increase a loan from $5.4 billion to $9 billion, providing an additional $3.6 billion to support SoftBank's investments in OpenAI. The potential financing expansion underscores continued large-scale capital deployment toward AI, though the talks remain preliminary and no agreement has been announced.
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