SoftBank Secures $10 Billion Loan Backed by OpenAI Stake
SoftBank has secured a $10 billion margin loan, using its stake in OpenAI as collateral.
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SoftBank Secures $10 Billion Margin Loan Backed by OpenAI Stake
SoftBank Group Corp. has secured a $10 billion margin loan backed by its stake in US tech giant OpenAI, marking another fundraising milestone in its bet on artificial intelligence.
By Aileen Chuang
Read full article →SoftBank Uses OpenAI Stake to Borrow $10 Billion
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