SoftBank
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
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.