SoftBank races to fulfill OpenAI funding commitment by year-end
SoftBank plans to meet its $22.5 billion OpenAI funding target by year-end through asset sales, margin loans, and investment cutbacks amid rising AI costs.
10 Articles
10 Articles
SoftBank Scrambles To Raise $22.5 Billion For OpenAI By Year-End, May Tap Arm Stake To Back Debt As AI Spending Pressure Mounts: Report - ARM Holdings (NASDAQ:ARM), Alphabet (NASDAQ:GOOG)
SoftBank is reportedly racing to assemble $22.5 billion in funding for OpenAI by year-end, leaning on asset sales, potential borrowing, and a sweeping pullback in other investments.
Masa Son is pushing hard for SoftBank to meet its $22.5 billion OpenAI obligation
Masayoshi Son is going all out to make sure SoftBank delivers the remaining $22.5 billion it owes OpenAI, and the clock is loud. Reportedly, the Japanese billionaire wants the full funding locked in by year-end, using whatever cash levers he can pull. Asset sales are already underway. More are coming. Margin loans tied to Arm Holdings are firmly on the table. Nothing here looks optional. This is Masa treating the OpenAI deal like a do‑or‑die mov…
Is the til empty at OpenAI? $10B Amazon talks add fresh runway
Near-term liquidity of OpenAI is put into question tied to a $30-billion tranche led by SoftBank, framed as a two-week countdown to “virtually no cash left” if the close does not happen. A snippet of the filing back in November states that SoftBank Group entered an amendment agreement with OpenAI to enable “the full investment […]
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