SoftBank Raises $3.6 Billion While AI Push Raises Debt Costs
SoftBank Group Corp. sold about $3.6 billion of junk bonds Wednesday, as aggressive investments in artificial intelligence by the Japanese conglomerate has helped fuel a surge in the firm’s funding costs.
Original Source
Read the full article at Bloomberg →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.