SoftBank Scrambles To Raise $22.5 Billion For OpenAI By Year-End, May Tap Arm Stake To Back Debt As AI Spending Pressure Mounts: Report

Benzinga_recent_news12-20 11:43

SoftBank Group (OTC:SFTFB) (OTC:SFTBY) is reportedly racing to assemble $22.5 billion in funding for OpenAI by year-end, leaning on asset sales, potential borrowing, and a sweeping pullback in other ...

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