SoftBank Gets Upsized $11.9 Billion Loan In OpenAI Funding Push

SoftBank said last week that it would repay the balance of a $40 billion loan it obtained earlier this year to finance its investment in OpenAI. The company plans to pay down the $25.9 billion it owes on Sept. 15, according to a statement.

from NDTV Profit - Latest https://ift.tt/JOTXxUn
SoftBank said last week that it would repay the balance of a $40 billion loan it obtained earlier this year to finance its investment in OpenAI. The company plans to pay down the $25.9 billion it owes on Sept. 15, according to a statement.

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