Sources: SoftBank is looking to issue $10B and €1B in debt for its OpenAI investment, in what would be one of the biggest junk bond sales ever (Bloomberg)

SoftBank Group Corp. is reportedly seeking to issue $10B and –1B in debt to fund its investment in OpenAI. This move would constitute one of the largest junk bond sales ever, totaling more than $11 billion. The information comes from sources cited by Bloomberg, indicating a significant financial maneuver by SoftBank to support its involvement with OpenAI.