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SoftBank

SoftBank's $40 Billion Loan Signals OpenAI IPO Coming This Year
AI

SoftBank's $40 Billion Loan Signals OpenAI IPO Coming This Year

Wall Street giants JPMorgan and Goldman Sachs extend unsecured 12-month loan that bets on one of history's largest public listings
Editor 6 min read 4 days ago
SoftBank Secures $40 Billion Loan to Fund OpenAI Investment
AI

SoftBank Secures $40 Billion Loan to Fund OpenAI Investment

The unsecured 12-month bridge loan signals lenders expect OpenAI's public listing to happen within the year, giving SoftBank liquidity to settle the debt.
Editor 7 min read 5 days ago

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