Sources: SoftBank is seeking a bridge loan of as much as $16.5B to help fund AI investments in the US; the loan may help SoftBank lead a $40B round in OpenAI (Bloomberg)
Bloomberg: Sources: SoftBank is seeking a bridge loan of as much as $16.5B to help fund AI investments in the US; the loan may help SoftBank lead a $40B round in OpenAI — The bridge loan under discussion has a tenor of about 12 months, said the people, who asked not to be identified discussing private matters.


Bloomberg:
Sources: SoftBank is seeking a bridge loan of as much as $16.5B to help fund AI investments in the US; the loan may help SoftBank lead a $40B round in OpenAI — The bridge loan under discussion has a tenor of about 12 months, said the people, who asked not to be identified discussing private matters.