After selling stake in Nvidia, SoftBank is looking for ‘its largest-ever borrowing’

After selling stake in Nvidia, SoftBank is looking for ‘its largest-ever borrowing’

SoftBank is reportedly seeking a massive $40 billion USD loan, its largest ever, to fuel its substantial $30 billion investment in AI firm OpenAI. This move underscores founder Masayoshi Son's aggressive bet on the company, which now represents a significant portion of SoftBank's assets alongside its stake in Arm Holdings.

📰 Original Source

Read full article at Timesofindia →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.