Sources: SoftBank sealed a two-year loan facility to support its OpenAI investment, securing $11.87B in commitments from ~20 banks, above its $10B target (Janice Huang/Bloomberg)

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SoftBank Group Corp. has secured an $11.87 billion two-year loan facility to support its investment in OpenAI. This commitment, obtained from approximately 20 banks, exceeds SoftBank's initial target of $10 billion. The loan facility will aid SoftBank's strategic investment in the US artificial intelligence firm, as reported by Janice Huang of Bloomberg.

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IngestedOffset at this time: UTC+0Sep 14, 2026, 04:01 UTC

Ingested: Sep 14, 2026, 04:01
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Source·techmeme.com