Industry3h ago
SoftBank Seeks $10 Billion Loan Against OpenAI Stake
A $10 billion loan is currently under negotiation as SoftBank leverages its OpenAI equity. To appease lenders, the Japanese investor now guarantees repayment if the pledged shares lose value. This concession reduces bank risk during the borrowing process. The move signals a strategic shift in how SoftBank monetizes its high-growth AI portfolio.