AITechStartups2 days ago
SoftBank loan bid for $6B against OpenAI stake fails
1 min read
SoftBank failed to secure a $6 billion margin loan backed by its 13% OpenAI stake after lenders balked. The stalled talks highlight the difficulty of cashing out paper gains from OpenAI's $852 billion valuation without selling shares. SoftBank has committed roughly $64.6 billion across multiple AI investments.
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