
SoftBank Group is negotiating a record $40 billion loan, underwritten by multiple banks including JPMorgan, to fund its equity investment in OpenAI, signaling its deepening commitment to AI technologies.
SoftBank Group is seeking up to $40 billion in a 12-month bridge loan to acquire an equity stake in OpenAI, marking its largest USD-denominated borrowing to date. The loan is underwritten by four banks, including JPMorgan, and terms remain under negotiation, reflecting SoftBank's strategic push into artificial intelligence investments.