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.

Apr 1, 2025 - 06:54
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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.