SoftBank Weighs $16.5 Billion Loan That Could Back OpenAI's $40 Billion Raise: Report

Quick Summary:

The loan may help SoftBank lead a $40 billion funding round in OpenAI, Bloomberg reported, citing unnamed sources familiar with the matter.

SoftBank Group Corp (OTC:SFTBF) (OTC:SFTBY) is weighing a loan of up to $16.5 billion to finance its U.S.artificial intelligence ambitions.

The move values the ChatGPT parent at $300 billion.

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesJapan

Topics: OpenAi Tech AI SFTBY Benzinga Artificial intelligence JP3436100006 MSFT SFTBF Briefs News US5949181045 Media

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 16:00:38 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 271 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27518292

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