SoftBank has reportedly cut its target for an OpenAI margin loan by 40%, bringing it down to about $6 billion, according to Bloomberg News. The move signals a more cautious approach to funding the next phase of OpenAI-linked initiatives, even as demand for AI investment remains high. Details on the terms and timing are still emerging.
SoftBank is reportedly looking to raise a $10 billion margin loan, using its stake in OpenAI as collateral. The plan underscores renewed urgency in the Japanese tech firm’s AI bets after recent financial turbulence. If approved, the financing could extend, building on a prior $40 billion bridge loan earlier this year aimed at funding more AI investment.
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