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SoftBank Boosts Credit Line to $6.5 Billion as AI Debts Mount
Source: Bloomberg
Artificial IntelligenceBanking & LiquidityCredit & Bond MarketsTechnology & Innovation
SoftBank secured an additional $450 million, increasing an existing credit line to $6.5 billion. The expanded financing provides greater liquidity and financial flexibility as the Japanese conglomerate increases its investments in artificial intelligence.
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