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.

Source: TechMeme
Source Link: http://www.techmeme.com/250401/p3#a250401p3