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moves money Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine August 28, 2026

SoftBank seeks another $10 billion loan for OpenAI stake funding

SoftBank seeks another $10 billion loan for OpenAI stake funding
AI Summary

The loan would contribute to SoftBank’s recent debt financing related to its investment in OpenAI, including a potential $20 billion bond sale, amid rising credit risks in the AI sector

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