SoftBank Seeks $16 Billion Loan to Invest in AI

Reported 1 day ago

SoftBank Group's CEO Masayoshi Son is reportedly in discussions to borrow $16 billion for investments in artificial intelligence, with potential plans for an additional $8 billion in 2026. This move follows previous commitments to invest $15 billion in Stargate and up to $25 billion in OpenAI, as part of a broader strategy to enhance its presence in the AI sector.

Source: YAHOO

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