Bloomberg reported the proposed two-year loan, with a one-year extension option, would support SoftBank’s ongoing artificial intelligence investment push.
SoftBank is seeking a $10 billion margin loan secured by its OpenAI shareholding, according to Bloomberg. The reported financing would run for two years and include an option to extend it by one year. The proceeds are intended to fund the group’s continued push into artificial intelligence investments. A margin loan is a financing structure backed by pledged assets, allowing a company to raise capital without immediately selling its stake.