SoftBank Cuts Target for OpenAI Margin Loan by 40% to $6 Billion
SoftBank Group Corp. has downsized plans for a $10 billion margin loan backed by its OpenAI stake after facing hesitation from some creditors, people familiar with the matter said.
By Kari Soo Lindberg, Laura Benitez, Apple Ka Ying Li · Bloomberg Markets
SoftBank Group Corp. has downsized plans for a $10 billion margin loan backed by its OpenAI stake after facing hesitation from some creditors, people familiar with the matter said.