OpenAI investment: SoftBank seeks record loan amid AI boom concerns

OpenAI investment: SoftBank seeks record loan amid AI boom concerns

The potential size of the loan underscores SoftBank founder Masayoshi Son’s aggressive bid to try and position his company as a linchpin in the global AI boom.

SoftBank Group is seeking a loan of as much as $US40 billion ($57 billion) to mostly help finance its investment in US tech giant OpenAI, according to people familiar with the matter, in what would b… [+318 chars]
OpenAI investment: SoftBank seeks record loan amid AI boom concerns - FHMnews