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Sources: SoftBank is seeking a bridge loan of up to $40B, its largest-ever borrowing denominated solely in dollars, to help finance its investment in OpenAI

Bloomberg

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  • @tcarmody Tim Carmody on bluesky
    The most massive technological investment in history being this heavily leveraged in a time of global war and rising prices for everything = probably fine [embedded post]
  • r/BetterOffline r on reddit
    SoftBank Seeks Record Loan of Up to $40 Billion for OpenAI Stake