SoftBank seeks a $10 billion loan secured by shares in OpenAI

ME News Report, April 23 (UTC+8), according to market sources, SoftBank Group is seeking a $10 billion margin loan secured by its holdings in OpenAI, with a two-year term and an option to extend for one year. This move aims to provide funding to support SoftBank’s ongoing investments in the artificial intelligence sector. (Source: Bloomberg)

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